메뉴 건너뛰기




Volumn 51, Issue 4, 1996, Pages 1437-1478

Strategic trading when agents forecast the forecasts of others

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0008995407     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-6261.1996.tb04075.x     Document Type: Article
Times cited : (295)

References (28)
  • 1
    • 0002816156 scopus 로고
    • A theory of intraday patterns: Volume and price variability
    • Admati, A., and P. Pfleiderer, 1988, A theory of intraday patterns: Volume and price variability, The Review of Financial Studies 1, 3-40.
    • (1988) The Review of Financial Studies , vol.1 , pp. 3-40
    • Admati, A.1    Pfleiderer, P.2
  • 2
    • 0001027746 scopus 로고
    • Insider trading in continuous time
    • Back, K., 1992, Insider trading in continuous time, The Review of Financial Studies 5, 387-409.
    • (1992) The Review of Financial Studies , vol.5 , pp. 387-409
    • Back, K.1
  • 4
    • 21344481611 scopus 로고
    • Investment analysis and the adjustment of stock prices to common information
    • Brennan, M., N. Jegadeesh, and B. Swaminathan, 1993, Investment analysis and the adjustment of stock prices to common information, Review of Financial Studies 6, 799-824.
    • (1993) Review of Financial Studies , vol.6 , pp. 799-824
    • Brennan, M.1    Jegadeesh, N.2    Swaminathan, B.3
  • 11
    • 3142687687 scopus 로고
    • The effect of public information and competition on trading volume and price volatility
    • Foster, F. D., and S. Viswanathan, 1993, The effect of public information and competition on trading volume and price volatility, The Review of Financial Studies 6, 23-56.
    • (1993) The Review of Financial Studies , vol.6 , pp. 23-56
    • Foster, F.D.1    Viswanathan, S.2
  • 12
    • 84971943415 scopus 로고
    • Strategic trading with asymmetrically informed traders and long-lived information
    • Foster, F. D., and S. Viswanathan, 1994, Strategic trading with asymmetrically informed traders and long-lived information, Journal of Finance and Quantitative Analysis 29, 499-518.
    • (1994) Journal of Finance and Quantitative Analysis , vol.29 , pp. 499-518
    • Foster, F.D.1    Viswanathan, S.2
  • 14
    • 21344493808 scopus 로고
    • Differences of opinion make a horse race
    • Harris, M., and A. Raviv, 1993, Differences of opinion make a horse race, Review of Financial Studies 6, 473-506.
    • (1993) Review of Financial Studies , vol.6 , pp. 473-506
    • Harris, M.1    Raviv, A.2
  • 15
    • 21844507502 scopus 로고
    • Differential information and dynamic behavior of stock volume
    • He, H., and J. Wang, 1995, Differential information and dynamic behavior of stock volume, Review of Financial Studies, 8, 919-972.
    • (1995) Review of Financial Studies , vol.8 , pp. 919-972
    • He, H.1    Wang, J.2
  • 16
    • 84977738377 scopus 로고
    • Long-lived private information and imperfect competition
    • Holden, C. W., and A. Subrahmanyam, 1992, Long-lived private information and imperfect competition, The Journal of Finance 47, 247-270.
    • (1992) The Journal of Finance , vol.47 , pp. 247-270
    • Holden, C.W.1    Subrahmanyam, A.2
  • 17
    • 0000859303 scopus 로고
    • Continuous auctions and insider trading
    • Kyle, A., 1985, Continuous auctions and insider trading, Econometrica 53, 1315-1335.
    • (1985) Econometrica , vol.53 , pp. 1315-1335
    • Kyle, A.1
  • 18
    • 84959850547 scopus 로고
    • Informed speculation with imperfect competition
    • Kyle, A., 1989, Informed speculation with imperfect competition, Review of Economic Studies 56, 317-356.
    • (1989) Review of Economic Studies , vol.56 , pp. 317-356
    • Kyle, A.1
  • 19
    • 84934453152 scopus 로고
    • Convergence of least squares learning in environments with hidden state variables and private information
    • Marcet, A., and T. J. Sargent, 1989a, Convergence of least squares learning in environments with hidden state variables and private information, Journal of Political Economy 97, 1306-1322.
    • (1989) Journal of Political Economy , vol.97 , pp. 1306-1322
    • Marcet, A.1    Sargent, T.J.2
  • 20
    • 38249025567 scopus 로고
    • Convergence of least squares learning in environments with self referential linear stochastic models
    • Marcet, A., and T. J. Sargent, 1989b, Convergence of least squares learning in environments with self referential linear stochastic models, Journal of Economic Theory 48, 337-368.
    • (1989) Journal of Economic Theory , vol.48 , pp. 337-368
    • Marcet, A.1    Sargent, T.J.2
  • 21
    • 85033748318 scopus 로고
    • Unpublished working paper, University of Virginia, Charlottesville
    • Michener, R., and C. Tighe, 1991, A Cournot model of insider trading, Unpublished working paper, University of Virginia, Charlottesville.
    • (1991) A Cournot Model of Insider Trading
    • Michener, R.1    Tighe, C.2
  • 22
    • 0000215065 scopus 로고
    • Asset prices in a time-series model with disparately informed, competitive traders
    • William Barnett and Kenneth Singleton, Eds.: Cambridge University Press, Cambridge, MA
    • Singleton, K., 1987, Asset prices in a time-series model with disparately informed, competitive traders, in William Barnett and Kenneth Singleton, Eds.: New Approaches to Monetary Economics (Cambridge University Press, Cambridge, MA).
    • (1987) New Approaches to Monetary Economics
    • Singleton, K.1
  • 23
    • 84926271031 scopus 로고
    • Forecasting the forecasts of others
    • Townsend, R. M., 1983a, Forecasting the forecasts of others, Journal of Political Economy 91, 546-88.
    • (1983) Journal of Political Economy , vol.91 , pp. 546-588
    • Townsend, R.M.1
  • 24
    • 0011509489 scopus 로고
    • Equilibrium theory with learning and disparate expectations: Some issues and methods
    • Roman Frydman and Edmund S. Phelps, Eds.: Cambridge University Press, Cambridge
    • Townsend, R. M., 1983b, Equilibrium theory with learning and disparate expectations: Some issues and methods, in Roman Frydman and Edmund S. Phelps, Eds.: Individual Forecasting and Aggregate Outcomes: "Rational Expectations" Examined (Cambridge University Press, Cambridge).
    • (1983) Individual Forecasting and Aggregate Outcomes: "Rational Expectations" Examined
    • Townsend, R.M.1
  • 26
    • 0001267393 scopus 로고
    • Aggregation of information in large Cournot markets
    • Vives, X., 1988, Aggregation of information in large Cournot markets, Econometrica 56, 851-876.
    • (1988) Econometrica , vol.56 , pp. 851-876
    • Vives, X.1
  • 27
    • 84960557125 scopus 로고
    • How fast do rational agents learn?
    • Vives, X., 1993, How fast do rational agents learn?, Review of Economic Studies 60, 329-347.
    • (1993) Review of Economic Studies , vol.60 , pp. 329-347
    • Vives, X.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.