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