Long-Run Growth of Financial Data Technology
“Big data” financial technology raises concerns about market inefficiency. A common concern is that the technology might induce traders to extract others’information, rather than to produce information themselves. We allow agents to choose how much they learn about future asset values or about other...
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| Format: | Article |
| Language: | English |
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American Economic Association
2021
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| Online Access: | https://hdl.handle.net/1721.1/129767 |