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. -- asymmetric information ; liquidity ; trading strategies ; limit order markets ; experiment …
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While politically attractive in order to generate tax revenues, the effects of a financial transaction tax (FTT) are scientifically disputed, not the least because seemingly small details of its implementation may matter a lot. In this paper, we provide experimental evidence on the different...
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when uninformed traders accumulate experience, though for different reasons. -- bubbles ; information ; experiment …
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