Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10010249176
Persistent link: https://www.econbiz.de/10003756650
Persistent link: https://www.econbiz.de/10011700204
Persistent link: https://www.econbiz.de/10009261841
Persistent link: https://www.econbiz.de/10010389636
Persistent link: https://www.econbiz.de/10011480269
We develop a model where some investors are uncertain whether others are trading on informative signals or noise. Uncertainty about others leads to a non-linear price that reacts asymmetrically to news. We incorporate this uncertainty into a dynamic setting where traders gradually learn about...
Persistent link: https://www.econbiz.de/10012975014