Abderrazek Elkhaldi

Testing Herding Effects on Financial Assets Pricing: The Case of the Tunisian Stock Market

Abderrazek Elkhaldi & Yosra Ben Abelfatteh · Journal of Economics, Management and Trade · 2014

This paper highlights the contribution of behavioral finance to explain market anomalies since the eighteens. Particularly, we use herding behavior approach to elucidate financial asset pricing. Our study is based on Hwang and Salmon methodology [1], in which we use a state space...