Chiou, Jer-Shiou; Wu, Pei-Shan; Chang, Antony; Huang, Bor-Yi - In: Applied Economics 39 (2007) 7, pp. 883-891
The interaction between asymmetrically informed traders has been mostly investigated in theoretical frameworks. Not only there are relatively few empirical studies but, if any, the mostly focus on cross-sectional analysis and use very short samples. In this study, we blend theoretic with...