Discuss herd behavior among investors. Explain how it can sometimes take what would otherwise have been a

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Discuss "herd behavior" among investors. Explain how it can sometimes take what would otherwise have been a modest fall in the price of the stocks of a single company and transform that into a precipitate collapse in the price of many stocks.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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