Stock price manipulation, market microstructure and asymmetric information
نویسندگان
چکیده
منابع مشابه
PRICE DYNAMICS ON A STOCK MARKET WITH ASYMMETRIC INFORMATION By
The appearance of a Brownian term in the price dynamics on a stock market was interpreted in [De Meyer, Moussa-Saley (2003)] as a consequence of the informational asymmetries between agents. To take benefit of their private information without revealing it to fast, the informed agents have to introduce a noise on their actions, and all these noises introduced in the day after day transactions f...
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The appearance of a Brownian term in the price dynamics on a stock market was interpreted in [De Meyer, Moussa-Saley (2003)] as a consequence of the informational asymmetries between agents. To take benefit of their private information without revealing it to fast, the informed agents have to introduce a noise on their actions, and all these noises introduced in the day after day transactions f...
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ژورنال
عنوان ژورنال: European Economic Review
سال: 1992
ISSN: 0014-2921
DOI: 10.1016/0014-2921(92)90120-l