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...
Những tác giả chính: | , |
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Định dạng: | Working paper |
Ngôn ngữ: | English |
Được phát hành: |
Oxford Finance
2008
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