Showing 1 - 10 of 2,579
predictions that early-informed traders “sell the news” after “buying the rumor.” Further, we find distinct profit-taking patterns …
Persistent link: https://www.econbiz.de/10012973309
Persistent link: https://www.econbiz.de/10011930504
Persistent link: https://www.econbiz.de/10008806838
Persistent link: https://www.econbiz.de/10009697318
Persistent link: https://www.econbiz.de/10003965701
Persistent link: https://www.econbiz.de/10011522075
This paper presents a Heterogeneous Agent Model of a financial market with chartist and fundamentalist traders that exhibit bounded rationality and short-term thinking to explain the effect of under and overreaction to news. The existence of the Market Maker's finite price adjustment speed leads...
Persistent link: https://www.econbiz.de/10009295720
Persistent link: https://www.econbiz.de/10011448634
Persistent link: https://www.econbiz.de/10010508039
Persistent link: https://www.econbiz.de/10011290788