Herd behavior is a bias where individuals mimic the actions of a larger group, which can lead to irrational market trends, such as investors buying stocks during a boom based on the behavior of others rather than independent analysis.

Authors

• Person: Dr. Dawn M. Carpenter Organization: LinkedIn
  Mind Over Money: Behavioral Economics and Financial Decision ...

Sources

• Mind Over Money: Behavioral Economics and Financial Decision ... www.linkedin.com Dr. Dawn M. Carpenter · LinkedIn via serper

Referenced by nodes (2)

• stocks concept
• market trends concept