Malika, HAMADI; Erick, RENGIFO; SALZMAN, Diego - Institut de Recherche Économique et Sociale (IRES), … - 2004
One important aspect of financial market is that there might be some traders that intentionally mislead other market participants by creating illusions in order to obtain a profit. We call this new concept illusionary finance. We present an analysis of how illusions can be created and...