Understanding WeChat Users’ Herd Behavior in Forwarding Health Information: An Empirical Study in China

Author(s):  
Juan Wang ◽  
Kunfeng Liu
2020 ◽  
Vol 7 (6) ◽  
pp. 49
Author(s):  
Jingyu Liu ◽  
Mingyang Liu

This paper uses the LSV model and the VOL volatility index, as well as the quarterly position data of equity funds and partial equity hybrid funds from the first quarter of 2007 to the fourth quarter of 2019 to conduct an empirical study on the herd behavior of both kinds of funds. Then establish a connection with the volatility of the Shanghai Stock Exchange over the same period. The results show that the overall trend of herd behavior between equity funds and partial equity hybrid funds is almost completely opposite. Equity funds have a stronger herd behavior in buying, while partial equity hybrid funds have a stronger herd behavior in selling. Meanwhile, when the volatility of the Shanghai Composite Index increased significantly, the herd behavior in selling both increased.


2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Rong Liu ◽  
Ningning Chen ◽  
Yuelei Li

Based on the transaction data and related borrowers’ characteristics of Renrendai.com, this study conducts an empirical study on the influencing factors of the investor’s herd behavior and rationality of herd behavior on a Chinese online lending platform. We mainly find that investors’ herd behavior exists significantly on Renrendai.com; there is an “inverted U-shaped” relationship between the number of bids and the herd behavior of investors. When the number of bids exceeds a certain amount, the time required for the order to obtain another bid will be prolonged, and the investors’ herd behavior will be slowed down; herd behavior on Renrendai.com in Chinese market is a partly rational pursuit, but irrational in general.


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