markets. Taking into account different learning mechanisms within the investor population, we characterize the optimal timing … learning by investors may induce producers to increase wasteful obfuscation, further disorienting investors and decreasing …

different learning mechanisms within the investor population, we characterize the optimal timing of obfuscation for financial … participation in the market. We show that educational initiatives that are directed to facilitate learning by investors may induce …

We test the out-of-sample trading performance of model-free reinforcement learning (RL) agents and compare them with … approach yields better risk-adjusted returns as well as probabilistic Sharpe ratios compared to MV specifications. However …

different learning mechanisms within the investor population, we characterize the optimal timing of obfuscation for financial … participation in the market. We show that educational initiatives that are directed to facilitate learning by investors may induce …