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...
Үндсэн зохиолчид: | , |
---|---|
Формат: | Working paper |
Хэл сонгох: | English |
Хэвлэсэн: |
Oxford Finance
2008
|
Search Result 1