Voronovitsky M.М., Tsvetkov V.A.
Mechanisms of the Herd Behavior of Market Participants. //
Economics of contemporary Russia 2014. №3 (66) С.17-36.
The behavior in the system which consists from autonomous
subsystems, which are using information about behavior of the other subsystems
only when they make decisions, we have to consider often at study of some
economic phenomenons. Such behavior is named a herd behavior. Different
approaches to study of the herd behavior are comparing in this paper and some
perspectives of further study of this problem are discussed.
Keywords: collective behavior, herd behavior, mathematical model,
a steady state.
