Shilling, James; Sirmans, C.; Slade, Barrett - In: The Journal of Real Estate Finance and Economics 47 (2013) 4, pp. 688-718
This paper seeks to determine whether analyst consensus is a function of the level of price informativeness, and therefore attempts to gauge the extent to which analyst consensus is high when market uncertainty is high. There is the view that a small or declining volume of trading implies less...