Cipriani, Marco (contributor); Guarino, Antonio (contributor) - 2007
aggregation of private information in financial markets. We analyze a financial market à la Glosten and Milgrom, in which informed …WORKING PAPER SERIES
NO 736 / FEBRUARY 2007
INFORMATIONAL
CASCADES IN FINANCIAL
MARKETS
THEORY AND
EXPERIMENTAL …
INFORMATIONAL
CASCADES IN FINANCIAL
MARKETS
THEORY AND
EXPERIMENTAL EVIDENCE
1
by Marco Cipriani
2
and Antonio Guarino
3 …