Public disclosure, information leakage, and strategic trading

被引：2
|
作者：
Zhou, Deqing [1 ]
机构：
[1] Cent Univ Finance & Econ, Sch Finance, Beijing, Peoples R China
来源：
ECONOMICS LETTERS | 2016年 / 147卷
基金：
中国国家自然科学基金;
关键词：
Strategic trading; Information leakage; Public disclosure;
D O I：
10.1016/j.econlet.2016.08.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Based on Huddart et al. (2001)'s model, this work shows that the insider injects less noise into the mixed strategy and exploits the information advantage faster when there is a risk of information leakage. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码：46 / 50
页数：5
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