References
[1] Ricciardi, V., Simon, H. K. (2000). What is behavioral finance? Business, Education Technology Journal, 2(2), 1-9.
[2] Rook, L. (2006). An economic psychological approach to herd behavior. Journal of Economic Issues, 40(1), 75-95.
[3] Tuckett, D. (2009). Addressing the psychology of financial markets. Economics: The OpenAccess, OpenAssessment E-Journal, 3(2009-40), 1-22.
[4] Dow, S. C. (2011). Cognition, market sentiment and financial instability. Cambridge Journal of Economics, 35(2), 233-249.
[5] Shleifer, A., Summers, L. H. (1990). The noise trader approach to finance. Journal of Economic Perspectives, 4(2), 19-33.
[6] Fung, W., Hsieh, D. A. (2000). Performance characteristics of hedge funds and commodity funds: Natural vs. spurious biases. Journal of Financial and Quantitative Analysis, 291-307.
[7] Spyrou, S. (2013). Herding in financial markets: a review of the literature. Review of Behavioral Finance.
[8] Sias, R. W. (2004). Institutional herding. The Review of Financial Studies, 17(1), 165-206.
[9] Boyd, N. E., Büyükşahin, B., Haigh, M. S., Harris, J. H. (2016). The prevalence, sources, and effects of herding. Journal of Fu-tures Markets, 36(7), 671-694.
[10] Avery, C., Zemsky, P. (1998). Multidimensional uncertainty and herd behavior in financialmarkets. American Economic Review, 724-748.
[11] Welch, I. (2000). Herding among security analysts. Journal of Financial Economics, 58(3), 369-396.
[12] Sharma, S., Bikhchandani, S. (2000). Herd behavior in financial markets: A review. IMF Working Papers, 2000(048).
[13] Lakonishok, J., Shleifer, A., and Vishny, R.W. (1992). The impact of institutional trading on stock prices. Journal of Financial Economics, Vol. 32 No. 1, pp. 23-43.
[14] Bikhchandani, S., Hirshleifer, D., Welch, I. (1992). A theory of fads, fashion, custom, and ultural change as informational cascades. Journal of Political Economy, 100(5), 992-1026.
[15] Çelen, B., Kariv, S. (2004). Distinguishing informational cascades from herd behavior in the aboratory. American Economic Review, 94(3), 484-498.
[16] K. Brunnermeier, M. A. R. K. U. S., Nagel, S. (2004). Hedge funds and the technology ubble. The Journal of Finance, 59(5), 2013-2040.
[17] Muth, J. F. (1961). Rational expectations and the theory of price movements. Econometrica: Journal of the Econometric Society, 315-335. REFERENCES, 17.
[18] Alexander, S. S. (1961). Price movements in speculative markets: Trends or random walks. Industrial Management Review (pre-1986), 2(2), 7.
[19] Feldman, T. (2010). A more predictive index of market sentiment. Journal of Behavioral Finance, 11(4), 211-223.
[20] Viv Penninti Ravi Koka. (2019). News Based Stock Sentiment. StockSnips, Retrieved from: https://stocksnips.net/materials/news-based-stock-sentiment/.
[21] Blasco, N., Corredor, P., Ferreruela, S. (2012). Market sentiment: a key factor of investors’ imitative behaviour. Accounting Fi-nance, 52(3), 663-689.
[22] López-Salido, D., Stein, J. C., Zakrajšek, E. (2017). Credit-market sentiment and the business cycle. The Quarterly Journal of Economics, 132(3), 1373-1426.
[23] StockSnips. (2018). Is Stock Sentiment a Leading Indicator of Stock Price Changes? StockSnips. Retrieved from: https://stocksnips.net/materials/stock-news-sentiment-vs-stockprice/.
[24] Lemmon, M., Portniaguina, E. (2006). Consumer confidence and asset prices: Some empirical evidence. The Review of Financial Studies, 19(4), 1499-1529.
[25] Brown, G. W., Cliff, M. T. (2005). Investor sentiment and asset valuation. The Journal of Business, 78(2), 405-440.
[26] Baker, M., Wurgler, J. (2007). Investor sentiment in the stock market. Journal of Economic Perspectives, 21(2), 129-151.
[27] Hafezk, P, Xie, J. (2013). Attention Conditions Stock Market Reaction to News Sentiment. RavenPack.
Retrieved from: https://www.ravenpack.com/research/stock-market-reactionto-news-sentiment/.
[28] Lakonishok, J., Shleifer, A., Vishny, R. W. (1992). The impact of institutional trading on stock prices. Journal of Financial Economics, 32(1), 23-43.
[29] Daniel, K., Grinblatt, M., Titman, S., Wermers, R. (1997). Measuring mutual fund performance with characteristic-based benchmarks. The Journal of Finance, 52(3), 1035-1058.
[30] Deshpande, Maneesh S. (2020). U.S. Equity Derivatives Strategy: Impact of Retail Options Trading. Retrieved from:
https://wewin.neocities.org/files/Barclays_US_Equity_Derivatives_Strategy_Impact_of_Retail_Options_Trading.pdf.
[31] Nikolaos A. Kyriazis. (2020). Herding behaviour in digital currency markets: An integrated survey and empirical estimation. Heliyon, 6, 8.
[32] Zhenxi Chen, Huanhuan Zheng, (2022). Herding in the Chinese and US stock markets: Evidence from a micro-founded approach. International Review of Economics & Finance, (78), 597-604.
[33] Simon Jurkatis, (2022). Staff Working Paper No. 959 Why you should not use the LSV herding measure. ISSN 1749-9135 (on-line). Retrieved from: Bank of England Staff Working Paper No. 959.
[34] Angela Maria Filip, Maria Miruna Pochea. (2023). Intentional and spurious herding behavior: A sentiment driven analysis. Journal of Behavioral and Experimental Finance, 38.