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Portfolio delegation and market efficiency

Malamud, Semyon; Petrov, Evgeny - 2014

reduce price volatility. In particular, price informativeness and volatility may exhibit opposite behaviour. Investors do not …

Persistent link: https://www.econbiz.de/10010337960

Heterogeneous noisy beliefs and dynamic competition in financial markets

Boco, Hervé; Germain, Laurent; Rousseau, Fabrice - 2016

Persistent link: https://www.econbiz.de/10011553079

Bitcoin transactions, information asymmetry and trading volume

Ante, Lennart - In: Quantitative finance and economics 4 (2020) 3, pp. 365-381

Persistent link: https://www.econbiz.de/10012271431

Public disclosure in acquisitions

Subrahmanyam, Avanidhar; Xu, Wenyuan - In: Review of financial economics : RFE 36 (2018) 1, pp. 3-11

Persistent link: https://www.econbiz.de/10011948550

The impact of heterogeneous signals on stock price predictability in a strategic trade model

Winter, Christoph - 2018

Generalizing the idea that price momentum can be explained by different levels of uncertainty inherent in the …-period equilibrium supports price patterns like momentum and reversal/under- and over-reaction without relying on any additional … preserving the price pattern of the two-period model. …

Persistent link: https://www.econbiz.de/10011952637

Welfare effects of the allocation of talent to financial trading : what does the Grossman-Stiglitz model say?

Arnold, Lutz; Zelzner, Sebastian - 2020

This paper investigates the implications of the Grossman-Stiglitz (1980) model on the informational efficiency of financial markets for the optimality of the allocation of talent to financial trading versus entrepreneurship. Informed traders make the financial market more informationally...

Persistent link: https://www.econbiz.de/10012164697