market and to be a significant piece of information for all world oil markets in which the WTI is a price benchmark. We …

market and to be a significant piece of information for all world oil markets in which the WTI is a price benchmark. We …

The ways financial analysts, traders, and other specialists use information and learn from each other are of … aggregate information and examines the impacts of specific market arrangements--or microstructure--on the aggregation process … and economic efficiency. He looks closely at information aggregation mechanisms, progressing from simple to complex …

, heterogeneity among agents, and private information are crucial determinants of short-run exchange rate dynamics. Microstructure … questions on the nature of private information, the impact on market liquidity, and the changing process of price discovery. We …

, and private information as crucial determinants of short-run exchange rate dynamics. Microstructure researchers have … exchange rate dynamics. Looking forward, we highlight fundamental yet unanswered questions on the nature of private information …

, and private information as crucial determinants of short-run exchange rate dynamics. Microstructure researchers have … exchange rate dynamics. Looking forward, we highlight fundamental yet unanswered questions on the nature of private information …

A securities market that imposes higher trading costs on small-volume traders may reduce free-riding on information … in socially beneficial information and engage in costly monitoring of managers of firms in their portfolio.V arious … freeriding activity may improve overall market efficiency despite a potentially negative impact on information dissemination. …