Showing 131 - 140 of 656,000
Persistent link: https://www.econbiz.de/10014230347
We propose a joint theory of time-series momentum and reversal based on a rational-expectations model. We show that a …-of-mouth communication as a mechanism that enforces this condition and generates short-term momentum and long-term reversal. Investors with … of investors are momentum traders, momentum is not completely eliminated. Word-of-mouth communication spreads rumors and …
Persistent link: https://www.econbiz.de/10014189688
The rate of information diffusion and consequently price discovery, is conditional upon not only the design of the market microstructure, but also the informational structure. This paper presents a market microstructure model showing that an increasing number of information hierarchies among...
Persistent link: https://www.econbiz.de/10014209693
Persistent link: https://www.econbiz.de/10014442483
Persistent link: https://www.econbiz.de/10013461198
Front cover -- Contents -- Figures -- Tables -- Examples -- Notices -- Trademarks -- Preface -- The team that wrote this redbook -- Become a published author -- Comments welcome -- Chapter 1. Introduction to Patterns for e-business -- 1.1 Role of the IT architect -- 1.2 The Patterns for...
Persistent link: https://www.econbiz.de/10012685388
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10010199746
" consists of unverifiable information and the quality of communication depends on the conflict of interests between the …
Persistent link: https://www.econbiz.de/10010126407
Persistent link: https://www.econbiz.de/10010422470
When groups face difficult problems, the voice of experts may be lost in the noise of others' contributions. We present results from a 'naturally noisy' setting, a large first-year undergraduate class, in which the 'expert's voice is lost' to such a degree that it is in fact optimal for all...
Persistent link: https://www.econbiz.de/10012257743