THE INFORMATION-CONTENT OF SPECIALIST PRICING

被引:22
作者
GOULD, JP [1 ]
VERRECCHIA, RE [1 ]
机构
[1] UNIV PENN,PHILADELPHIA,PA 19104
关键词
D O I
10.1086/261287
中图分类号
F [经济];
学科分类号
02 ;
摘要
引用
收藏
页码:66 / 83
页数:18
相关论文
共 18 条
[1]  
BRADFIELD J, 1979, GENERAL EQUILIBRIUM
[2]   INFORMATION AGGREGATION IN A NOISY RATIONAL-EXPECTATIONS ECONOMY [J].
DIAMOND, DW ;
VERRECCHIA, RE .
JOURNAL OF FINANCIAL ECONOMICS, 1981, 9 (03) :221-235
[3]   MARKET MICROSTRUCTURE [J].
GARMAN, MB .
JOURNAL OF FINANCIAL ECONOMICS, 1976, 3 (03) :257-275
[4]   THE ECONOMICS OF MARKETS - A SIMPLE-MODEL OF THE MARKET-MAKING PROCESS [J].
GOULD, JP .
JOURNAL OF BUSINESS, 1980, 53 (03) :S167-S187
[5]  
GRINBLATT MS, 1982, MARKET POWER SECURIT
[6]   EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION [J].
GROSSMAN, S .
JOURNAL OF FINANCE, 1976, 31 (02) :573-585
[7]   FURTHER RESULTS ON INFORMATIONAL EFFICIENCY OF COMPETITIVE STOCK MARKETS [J].
GROSSMAN, S .
JOURNAL OF ECONOMIC THEORY, 1978, 18 (01) :81-101
[8]  
GROSSMAN SJ, 1980, AM ECON REV, V70, P393
[9]   ON THE AGGREGATION OF INFORMATION IN COMPETITIVE MARKETS [J].
HELLWIG, MF .
JOURNAL OF ECONOMIC THEORY, 1980, 22 (03) :477-498