optimistic investors through a leverage effect, and will result in pyramiding and depyramiding phenomena for stock prices in the … well, however, under certain conditions. Price changes from pyramiding effect are also negatively associated with margin …

.The search strategy of “pyramiding” is a potential solution to this problem under many conditions. Pyramiding is a search process …. In this paper we report upon four experiments empirically exploring the efficiency of pyramiding searches relative to … mass screening. We find that pyramiding on average identified the most expert individual in a group on a specific topic …

, tranching and financial pyramiding, arise in developed capital markets in response to the challenges posed by collateral …

beneficial employment of securities, not only physical assets, as collateral (financial pyramiding). …

This paper introduces constant-collateral pyramiding trading strategies, which can be implemented in the futures … trader’s portfolio and on the trader’s wealth. Implications of the results are drawn regarding the degree of pyramiding … these traders to adopt less aggressive pyramiding strategies. Copyright Swiss Society for Financial Market Research 2013 …