that short selling is forbidden. However, it is widely accepted that short sale constraints exist when investors are unable …, whereas it results in a reduced likelihood when public signal is modestly adverse. ii) The tightness of short sale constraints … indicate widely divergent conclusions about the relations between heterogeneous beliefs as well as short sale constraints and …

with high short sale constraints. … approved list. Consistent with Miller's (1977) intuition, stocks with the highest dispersion of opinions and short sale … constraints are the only stocks to exhibit significant and negative abnormal returns in the post-event period. We also find …

ma- <p> trix. When short-sale constraints are added to the problem <p> it is usually thought of as adding considerable …

In this paper I investigate the impact of short sale constraints on stock returns using Regulation SHO data on the …

In this article we show that in the presence of trading constraints, such as short sale constraints, the standard …

This paper deals with the existence of equilibrium in a dynamic reinsurance market with short sale constraints, driven …