메뉴 건너뛰기




Volumn 13, Issue 3, 2004, Pages 378-408

On the limits to speculation in centralized versus decentralized market regimes

Author keywords

Adverse selection; Centralized markets; Speculation

Indexed keywords


EID: 3242710628     PISSN: 10429573     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfi.2003.10.002     Document Type: Article
Times cited : (2)

References (10)
  • 1
    • 85005305538 scopus 로고
    • The market for lemons: Qualitative uncertainty and the market mechanism
    • Akerlof G. The market for lemons: qualitative uncertainty and the market mechanism Quart. J. Econ. 85 1970 488-500
    • (1970) Quart. J. Econ. , vol.85 , pp. 488-500
    • Akerlof, G.1
  • 2
    • 1342325116 scopus 로고
    • The market for information and the origin of financial intermediation
    • Allen F. The market for information and the origin of financial intermediation J. Finan. Intermediation 1 1990 3-30
    • (1990) J. Finan. Intermediation , vol.1 , pp. 3-30
    • Allen, F.1
  • 4
    • 0000045009 scopus 로고
    • Insiders, outsiders, and market breakdowns
    • Bhattacharya U. Spiegel M. Insiders, outsiders, and market breakdowns Rev. Finan. Stud. 4 1991 255-282
    • (1991) Rev. Finan. Stud. , vol.4 , pp. 255-282
    • Bhattacharya, U.1    Spiegel, M.2
  • 5
    • 0040988437 scopus 로고
    • Securities Markets
    • McGraw-Hill: McGraw-Hill Series in Finance
    • Garbade K. Securities Markets In 1982 McGraw-Hill Series in Finance McGraw-Hill
    • (1982)
    • Garbade, K.1
  • 6
    • 0000463443 scopus 로고
    • Insider trading, liquidity, and the role of the monopolist specialist
    • Glosten L. Insider trading, liquidity, and the role of the monopolist specialist J. Bus. 62 1989 211-235
    • (1989) J. Bus. , vol.62 , pp. 211-235
    • Glosten, L.1
  • 7
    • 0001188867 scopus 로고
    • On the impossibility of informationally efficient markets
    • Grossman S. Stiglitz J. On the impossibility of informationally efficient markets Amer. Econ. Rev. 70 1980 393-408
    • (1980) Amer. Econ. Rev. , vol.70 , pp. 393-408
    • Grossman, S.1    Stiglitz, J.2
  • 8
    • 0000140435 scopus 로고
    • Informational asymmetries, financial structure, and financial intermediation
    • Leland H. Pyle D. Informational asymmetries, financial structure, and financial intermediation J. Finance 32 1977 371-387
    • (1977) J. Finance , vol.32 , pp. 371-387
    • Leland, H.1    Pyle, D.2
  • 9
    • 49049133343 scopus 로고
    • Information, trade and common knowledge
    • Milgrom P. Stokey N. Information, trade and common knowledge J. Econ. Theory 26 1982 17 -27
    • (1982) J. Econ. Theory , vol.26 , pp. 17-27
    • Milgrom, P.1    Stokey, N.2
  • 10
    • 0000785522 scopus 로고
    • Informational equilibria
    • Riley J. Informational equilibria Econometrica 47 1979 331-360
    • (1979) Econometrica , vol.47 , pp. 331-360
    • Riley, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.