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Publications

Herd on the Street: Informational Inefficiencies in a Market with Short-term Speculation

By: Kenneth A. Froot, J. Stein and David S. Scharfstein
  • Format:Print
  • | Language:English
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Citation

Froot, Kenneth A., J. Stein, and David S. Scharfstein. "Herd on the Street: Informational Inefficiencies in a Market with Short-term Speculation." NBER Working Paper Series, No. 3250, February 1990. (Revised in Journal of Finance 47 (September 1992): 1461-1484.)

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