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Chinese Journal of Management Science ›› 2000, Vol. ›› Issue (2): 51-56.

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The Mathematical Model of Herd Behavior in Financial Market

WANG Zhong-yu   

  1. Heilongjiang Finance College, Harbin 150028, China
  • Received:1999-05-10 Revised:1999-08-25 Online:2000-06-28 Published:2012-03-06

Abstract: This paper divides the investors in financial market into two kinds-leader and follower. It investigates into the mathematical model of the leader, and further into the mathematical model of follower’s herd behavior

Key words: financial market, leader, follower, mathematical model.

CLC Number: