1. For a summary of relevant studies see Gregory Mitchell, ?Why Law and Economics' Perfect Rationality Should not be Traded for Behavioral Law and Economics' Equal Incompetence;Georgetown Law Journal,2002
2. Their research comes to validate to some degree older experimental evidence on the impact of herding. Lisa R. Anderson and Charles A. Holt, ?Information Cascades in the Laboratory;See Marco Cipriani;American Economic Review,1997
3. For an analysis of possible uses of soft paternalism mechanisms to protect investors see Emilios Avgouleas;Essays in the Law and Economics of Regulation in Honour of Anthony Ogus,2008