Why might herd mentality lead to asset prices rising faster than the fundamental value of the assets?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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Question Posted: Apr 26, 2024 02:01 AM

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Why might herd mentality lead to asset prices rising faster than the fundamental value of the assets?

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Herd mentality can lead to asset prices rising faster than the fundamental value of the assets due t...View the full answer

Economics

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