Hype and Dump Manipulation.

This paper introduces signaling in a standard market microstructure model so as to explore the economic circumstances under which hype and dump manipulation can be an equilibrium outcome. We consider a discrete time, multi-period model with stages of signaling and asset trading. A single informed tr...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: Eren, N, Ozsoylev, H
Формат: Working paper
Хэл сонгох:English
Хэвлэсэн: Oxford Finance 2008