Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
983396 | The Quarterly Review of Economics and Finance | 2013 | 9 Pages |
Abstract
⺠We study the effects of insider trading in a two-tier real market structure model. ⺠The two-tier structure affects the stock price and the stock pricing rule. ⺠The two-tier model restricts the influence of the insider on the final good market. ⺠We then add a second insider and study its effects on the benchmark model. ⺠Competition in the financial market affects both the real and financial variables.
Related Topics
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Economics and Econometrics
Authors
Fida Karam, Wassim Daher,