Article ID Journal Published Year Pages File Type
5060292 Economics Letters 2012 5 Pages PDF
Abstract
► The single insider in this model is irrationally confident. ► He is required to publicly disclose his trades after the fact. ► We find the more confident insider trades less aggressively in the first trade. ► Half of the total information is revealed by the first trade.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Overconfidence, public disclosure and long-lived information
Authors
,