inherently ambivalent, being considered as an indicator of either information flow or uncertainty.We discriminate between these … volatility. This exploits the revealed reaction of investors to gauge the degree of information and uncertainty ascribed to …

considered an indicator of either information flow or uncertainty. We show in a stylized model economy that both views suggest … market, volatility reflects information (uncertainty). We introduce a simultaneous time-varying coefficient model, where …

I present the following proposal: information revealed during non-cartel investigations by competition law enforcement … investigate and prosecute cartels. Currently, in several jurisdictions, information acquired in, for example, a M&A investigation … that govern information use. Reviewing the management and corporate strategy literature, I note that M&As form a vital part …