Who follows the crowd—Groups or individuals?

Bank Runs, Deposit Insurance, and Liquidity

Douglas W. Diamond, Philip H. Dybvig · Journal of Political Economy · 1983 · 9.4K citations · Full text

Business, Economics, Finance +13

A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades.

Sushil Bikhchandani, David Hirshleifer, Ivo Welch · RePEc: Research Papers in Economics · 6.7K citations

Social Sciences, Psychology, Social Psychology +15

Herd Behavior and Investment

David Scharfstein, Jeremy C. Stein · American Economic Review · 1988 · 2.8K citations

Social Sciences, Economics, Agency Theory +14

Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades

Sushil Bikhchandani, David Hirshleifer, Ivo Welch · The Journal of Economic Perspectives · 1998 · 1.9K citations · Full text

Social Sciences, Economics, Political Science +17

An Online Recruitment System for Economic Experiments

Ben Greiner · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich) · 2004 · 1.3K citations · Full text

Management, Economics, Experimental Economics +11