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Is the Usefulness Approach Useful? Some Reflections on the Utility of Public Information
13 references·3 citing·33 second hop
Is the Usefulness Approach Useful? Some Reflections on the Utility of Public Information (2001)Is the Usefulness Approach Useful? Some R…Financial Markets, Instruments, and Institutions (1996)Financial Markets, Instrument…The Economic Structure of Corporate Law. (1993)The Economic Structure of Cor…The Economic Structure of Corporate Law. (1993)The Economic Structure of Cor…Informed Speculation with Imperfect Competition (1989)Informed Speculation with Imp…Rational expectations equilibrium with conditioning on past prices: A mean-variance example (1982)Rational expectations equilib…Financial Reporting: An Accounting Revolution. (1982)Financial Reporting: An Accou…Information aggregation in a noisy rational expectations economy (1981)Information aggregation in a …On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…The Private and Social Value of Information and the Reward to Inventive Activity (1978)The Private and Social Value …ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976)ON THE EFFICIENCY OF COMPETIT…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …When chasing the offender hurts the victim: The case of insider legislation (2016)When chasing the offender hur…Evolution of trading strategies in a market with heterogeneously informed agents (2011)Evolution of trading strategi…On the negative value of information in informationally inefficient markets: Calculations for large number of traders (2008)On the negative value of info…Theory of Value: An Axiomatic Analysis of Economic Equilibrium (1960)The Economics of Information (1961)Economic Welfare and the Allocation of Resources for Invention (1962)Higher education as a filter (1973)Optimal contracts and competitive markets with costly state verification (1979)First-mover advantages (1988)Expectations and the neutrality of money (1972)Volume, Volatility, Price, and Profit When All Traders Are Above Average (1998)Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards (2004)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)Information and Competitive Price Systems (1976)The Existence of Futures Markets, Noisy Rational Expectations and Informational Externalities (1977)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)The Use of Knowledge in Society (1996)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)The information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)Noise (1986)Time and the Process of Security Price Adjustment (1992)Information Asymmetry, R&D, and Insider Gains (2000)An Introduction to Varieties of Capitalism (2001)Misery Loves Companies: Rethinking Social Initiatives by Business (2003)Finance and Growth: Theory and Evidence (2004)Capital markets research in accounting (2001)The Effect of Disclosures by Management, Analysts, and Business Press on Cost of Capital, Return Volatility, and Analyst Forecasts: A Study Using Content Analysis (2009)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)
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References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*24,470 cited
  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,717 cited
  • 1978The Private and Social Value of Information and the Reward to Inventive Activity1,571 cited
  • 1976ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION1,438 cited
  • 1993The Economic Structure of Corporate Law.1,135 cited
  • 1981Information aggregation in a noisy rational expectations economy1,068 cited
  • 1989Informed Speculation with Imperfect Competition963 cited
  • 1982Financial Reporting: An Accounting Revolution.953 cited
  • 1993The Economic Structure of Corporate Law.629 cited
  • 1982Rational expectations equilibrium with conditioning on past prices: A mean-variance example188 cited
  • 1996Financial Markets, Instruments, and Institutions133 cited

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  • 2008On the negative value of information in informationally inefficient markets: Calculations for large number of traders24 cited
  • 2011

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Evolution of trading strategies in a market with heterogeneously informed agents
15 cited
  • 2016When chasing the offender hurts the victim: The case of insider legislation15 cited