Herd Behavior in Financial Markets : : An Experiment with Financial Market Professionals / / Marco Cipriani, Antonio Guarino

• Record Nr.: UNINA9910788236303321
• Autore: Cipriani Marco
• Pubbl/distr/stampa: Washington, D.C. : , : International Monetary Fund, , 2008
• ISBN: 1-4623-1443-0; 1-4527-4000-3; 1-282-84092-4; 1-4518-6999-1; 9786612840920
• Descrizione fisica: 1 online resource (30 p.)
• Collana: IMF Working Papers; IMF working paper ; ; WP/08/141
• Altri autori (Persone): GuarinoAntonio
• Disciplina: 330.12
• Soggetti: Capitalists and financiers - Psychology - Econometric models; Investments - Decision making - Econometric models; Collective behavior - Econometric models; Exports and Imports; Finance: General; Financial Risk Management; Gender Studies; Empirical Studies of Trade; International Financial Markets; Education: General; Economics of Gender; Non-labor Discrimination; General Financial Markets: General (includes Measurement and Data); International economics; Finance; Education; Gender studies, gender groups; Trade balance; Asset valuation; Gender; Securities markets; Balance of trade; Asset-liability management; Sex role; Capital market
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; A. Literature Review; II. The Theoreticalmodel; A. The model structure; B. Theoretical predictions; Figures; 1. Prices and Traders' Expectations after a History of Buys; III. The Experiment and the Experimental Design; A. The experiment; B. Experimental design: the two treatments; 2. Prices and Traders' Expectations after a History of Sells; 3. Prices and Traders' Expectations after a Sell Followed by a History of Buys; IV. Results: Rationality, Herding and Contrarian Behavior; A. Treatment I; Tables; 1. Average behavior in Treatment I; 2. Cascade trading behavior in Treatment IB. Treatment II; 3. No trade in Treatment I; 4. Average behavior in Treatment II; V. Comparison with Previous Experimental Results; 5. Cascade trading behavior in Treatment II; 6. No trade in Treatment II; VI. Individual Behavior; 7. Percentage of decisions in accordance with the theoretical prediction at individual level.; VII. Conclusions; 8. Regressions of the level of rationality in the experiment on individual characteristics. P-values in parenthesis; 9. Regression of subjects' payoff at the end of the experiment on individual characteristics. P-values in parenthesis10. Regressions of participants' proportion of herding, contrarianism and no trading on the trader's dummy. Herd 1 and Contrarian 1 refer to Treatment I. Herd 2 and Contrarian 2 refer to Treatment II. P-values in parenthesis; References
• Sommario/riassunto: We study herd behavior in a laboratory financial market with financial market professionals. We compare two treatments, one in which the price adjusts to the order flow so that herding should never occur, and one in which event uncertainty makes herding possible. In the first treatment, subjects herd seldom, in accordance with both the theory and previous experimental evidence on student subjects. A proportion of subjects, however, engage in contrarianism, something not accounted for by the theory. In the second treatment, the proportion of herding decisions increases, but not as much as theory suggests; moreover, contrarianism disappears altogether.

Handbook of Culturally Responsive School Mental Health [[electronic resource] ] : Advancing Research, Training, Practice, and Policy / / edited by Caroline S. Clauss-Ehlers, Zewelanji N. Serpell, Mark D. Weist

• Record Nr.: UNINA9910437962303321
• Pubbl/distr/stampa: New York, NY : , : Springer New York : , : Imprint : Springer, , 2013
• ISBN: 1461449478; 1-283-93377-2; 1-4614-4948-0
• Edizione: [1st ed. 2013.]
• Descrizione fisica: 1 online resource (279 p.)
• Disciplina: 362.19689
• Soggetti: Child psychology; School psychology; Educational psychology; Education—Psychology; Pediatrics; Social work; Teaching; Educational policy; Education and state; Child and School Psychology; Educational Psychology; Social Work; Teaching and Teacher Education; Educational Policy and Politics
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Section I. Status of the Research on Cultural Considerations in School-Based Mental Health Interventions with Children and Adolescents -- 1. Introduction: Making the Case for Culturally Responsive School Mental Health; Caroline S. Clauss-Ehlers, Zewelanji N. Serpell, Mark D. Weist -- 2. Building a “Culture of Trust”: The Cultural and Practical ; Challenges of School-Based Behavioral Health Care in Overseas Military Base Schools; Alan R. Scheuermann, Tracey Jernigan -- 3. Culturally Responsive School Mental Health in Rural Communities; Julie Sarno Owens, Yuko Watabe, Kurt D. Michael -- 4. From Guidance to School Counseling: New Models in School Mental Health; Laura Miller, Lemma Taha, Elizabeth Jensen -- Section II. Innovative Approaches in Work with Diverse Children and Adolescents in Schools -- 5. Culturally Competent Engagement of African American Youth and Families in School Mental Health Services; Kendra P. DeLoach, Melissa R. Dvorsky, Rhonda L. White-Johnson -- 6. Black Parents Strengths and Strategies (BPSS) Program: A Cultural Adaptation of the Strong-Willed Child Program; Stephanie I. Coard, Melvin H. Herring, Monica H. Watkins, Shani A. Foy-Watson, Shuntay Z. McCoy -- 7. Working with Lesbian, Gay, Bisexual and Transgender Youth in Schools; Nancy Bearss -- 8. Advancing School-Based Mental Health for Asian American Pacific Islander Youth; Matthew R. Mock -- 9. Raising Consciousness: Promoting Healthy Coping among African American Boys at School; Keisha Bentley, Duane E. Thomas, Howard C. Stevenson -- 10. Working with Forced Migrant Children and their Families: Mental Health, Developmental, Legal, and Linguistic Considerations in the Context of School-Based Mental Health Services; Caroline S. Clauss-Ehlers, Adeyinka M. Akinsulure-Smith -- 11. Mental Health and Rural Schools: An Integrated Approach with Primary Care; Jody Lieske, Susan Swearer, Brandi Berry -- 12. The Racial/Ethnic Identity Development of Tomorrow’s Adolescent; Kip Thompson, Keshia Harris, Caroline S. Clauss-Ehlers -- 13. Culturally Responsive Strategies to Address Youth Gangs in Schools; Nicole Evangelista Brandt, Emily Sidway, Melissa R. Dvorsky, Mark D. Weist -- Section III. Specific Problems and Interventions -- 14. Training Transformed School Counselors; Marte Ostvik-deWilde, Denise Park, Courtland C. Lee -- 15. Culturally Integrated Substance Abuse and Sex Education Prevention Programming for Middle School Students; Desi Hacker, Faye Z. Belgrave, Jamie Grisham, Jasmine Abrams, Darlene G. Colson -- 16. Promoting Culturally Competent Assessment in Schools; Toni Harris, Scott Graves, Zewelanji N. Serpell, Brittney Pearson -- 17. Work/Family Balance: Challenges and Advances for Families; Patricia M. Raskin -- 18. Adjusting Intervention Acuity in School Mental Health: Perceiving Trauma through the Lens of Cultural Competence; Leslie K. Taylor, Heather L. Lasky, Mark D. Weist -- 19. Next Steps: Advancing Culturally Competent School-Based Mental Health; Zewelanji N. Serpell, Mark D.Weist, Caroline S. Clauss-Ehlers.
• Sommario/riassunto: Schools across the United States – as well as much of the world – are experiencing widespread change. Students are more diverse ethnically, academically, and emotionally. More attention is being paid to abuse and neglect, violence and bullying, and the growing inequities that contribute to student dropout. Within this changing landscape, cultural competence is imperative for school-based professionals, both ethically and as mandated by educational reform. The Handbook of Culturally Responsive School Mental Health explores the academic and behavioral challenges of an increasingly diverse school environment, offering workable, cost-effective solutions in an accessible, well-organized format. This timely volume updates the research on cultural competence in school-based interventions, describes innovative approaches to counseling and classroom life, and demonstrates how this knowledge is used in successful programs with children, adolescents, and their families. Populations covered range widely, from African American and Asian American/Pacific Islander families to forced migrants and children who live on military bases. By ; addressing issues of training and policy as well as research and practice, contributors present a variety of topics that are salient, engaging, and applicable to contemporary experience, including: - Adolescent ethnic/racial identity development. - Culturally responsive school mental health in rural communities. - Working with LGBT youth in school settings. - Cultural competence in work with youth gangs. - Culturally integrated substance abuse prevention and sex education programs. - Promoting culturally competent school-based assessment. - School-based behavioral health care in overseas military bases. - Developmental, legal, and linguistic considerations in work with forced migrant children. - Cultural considerations in work/family balance. The Handbook of Culturally Responsive School Mental Health is a must-have reference for researchers, scientist-practitioners, educational policymakers, and graduate students in child and school psychology; educational psychology; pediatrics/school nursing; social work; counseling/therapy; teaching and teacher education; and educational administration.