An opinion article published in the New York Times in July argued that California and Florida have become "almost uninsurable." The Washington Post said there is "an insurance crisis." Insurers are ...

Herd behavior is the behavior of individuals in a group acting collectively. The actions of a large group can significantly influence individual decisions. Herd behavior occurs in animals (herds, ...

Abstract: This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It looks at what precisely is meant by herding, the causes of herd ...

With closer inspection, researchers have recognized that what appears to be a randomly dispersed herd peacefully eating grass is in fact a complex system of individuals in a group facing differing ...

People learn valuable information from how long others hesitate before making their decisions, a new study suggests. People learn valuable information from how long others hesitate before making their ...

The herding effect in financial markets is strong. Keynes famously referred to the herding effect as animal spirits—literally the natural tendency of investors to act like a herd of animals. The ...

The management of wild horses in the West was in the news again last week as a result of the decision by federal and local authorities not to prosecute an eastern Colorado livestock hauler who ...

WASHINGTON, D.C., June 20, 2017 -- The image of grazing cows in a field has long conjured up a romantic nostalgia about a relaxed pace of rural life. With closer inspection, however, researchers have ...

People learn valuable information from how long others hesitate before making their decisions, a new study suggests. Researchers found that when people saw others in their group hesitating before ...