Have you ever used stock characters in your writing? If this character ends up rescuing a male determine, corresponding to a "handsome prince," then the roles have been reversed from the stereotype and acquainted characters start to take on new attributes. Irrational market sentiment has the same response to the shock of herd behavior at different time factors, showing a “-shaped” change with the rise of the lag period: before the lag 1 period, the shock decreases with the rise of the lag interval, and the trough is also reached in the lag 1 interval; while in the lag 1 to 3 durations, the shock begins to extend regularly; however within the lag three to 5 periods, the shock response changes from optimistic to damaging; then with the increase in the lag interval, the impression of the shock step by step increases to zero. However, the influence of various market sentiments on herd habits exhibits some heterogeneity and time-various characteristics within the early stage of the market: in contrast with rational market sentiment, irrational market sentiment has a more direct and significant affect on herd conduct; rational market sentiment at all times suppresses the generation of herding habits; after positive irrational market sentiment stimulates herding conduct, buyers steadily developed antiherding psychology but then restimulated herding conduct, indicating that irrational market sentiment is more unstable and vulnerable to herding habits.
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