Hirshleifer, David (contributor); … - 2004 - [Elektronische Ressource]
indica-
tion of the commonality of trading errors, investors and prices sometimes react to the
republication of information … increased opportunity for investors to gain improved information about
stocks. However, it is also easier for questionable stock … risk,
or achieve higher average risk-adjusted profits by more aggressively exploiting private
information.3,4 In our …