Investors' herding bias is measured by the degree of individual movements affected by overall price movements and whether buy orders exceed sell orders, while managers' herding bias is determined by the probability of firm managers investing a similar proportion of their overall capital as other companies over time.

Authors

• Person: Daria Azhyshcheva, Vi Dinh, Aanya Gothal, Abhinav Sisodiya Organization: World Scholars Review
  Biases in Behavioral Finance - World Scholars Review

Sources

• Biases in Behavioral Finance - World Scholars Review www.worldscholarsreview.org Daria Azhyshcheva, Vi Dinh, Aanya Gothal, Abhinav Sisodiya · World Scholars Review via serper

Referenced by nodes (1)

• capital concept