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Can I read Financial Markets: Information Value Analysis on EtoBox?
Financial Markets: Information Value Analysis by pierre.besnard is a document available to read on EtoBox.
What is Financial Markets: Information Value Analysis about?
1) Trading volume in financial markets is much higher than can be explained by models with symmetric or asymmetric information alone. 2) Less-than-rational traders with behavioral biases and liquidity traders who trade for non-informational reasons help explain the large volume of trading. 3) Trading between rational, strategic traders and less-than-rational or liquidity traders is generally not a zero-sum game and can create social value by allowing the former to earn profits and the latter to satisfy
- Author
- pierre.besnard
- Language
- EN