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Consensus Beliefs, Information Acquisition, and Market Information Efficiency
6 references·8 citing·46 second hop
Consensus Beliefs, Information Acquisition, and Market Information Efficiency (1980)Consensus Beliefs, Information Acquisitio…On the theory of market information efficiency (1979)On the theory of market infor…Market "Efficiency" in a Market with Heterogeneous Information (1978)Market "Efficiency" in a Mark…Information and Competitive Price Systems (1976)Information and Competitive P…Securities Market Efficiency in an Arrow-Debreu Economy (1975)Securities Market Efficiency …Informational Economies of Scale (1975)Informational Economies of Sc…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Fair Value Accounting: Consequences of Booking Market-Driven Goodwill Impairment (2014)Fair Value Accounting: Conseq…Investment Performance: A Review and Synthesis (2013)Investment Performance: A Rev…The Impact of M&A Announcement and Financing Strategy on Stock Returns: Evidence from BRICKS Markets (2012)The Impact of M&A Announcemen…Financial decisions in the household (2008)Financial decisions in the ho…Consumption and identity (2008)Consumption and identityINSIDER TRADING AND THE INFORMATION CONTENT OF EARNINGS (1996)INSIDER TRADING AND THE INFOR…Consensus Beliefs Equilibrium and Market Efficiency (1983)Consensus Beliefs Equilibrium…Expectations Models of Asset Prices: A Survey of Theory (1982)Expectations Models of Asset …COMPETITIVE EQUILIBRIUM UNDER UNCERTAINTY11This research was supported in part by the Office of Naval Research under Contract ONR 222(77) with the University of California. Reproduction in whole or in part is permitted for any purpose of the United States Government. (1978)The Private and Social Value of Information and the Reward to Inventive Activity (1978)A Bayesian Learning Model Fitted to a Variety of Empirical Learning Curves (1995)Leadership, Coordination, and Corporate Culture (2012)A Model of the Data Economy (2021)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Efficiency and the Variability of Asset Prices (1984)Randomized unit root processes for modelling and forecasting financial time series: Theory and applications (1996)Mean reversion in stock prices of seven Asian stock markets: Unit root test and stationary test with Fourier functions (2014)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)TIMELINESS OF ACCOUNTING REPORTS AND THEIR INFORMATIONAL CONTENT ON THE CAPITAL MARKET (1984)THE SIZE EFFECT IS PRIMARILY A PRICE EFFECT (1985)The Random Character of Stock Market Prices (1968)ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976)Foreign exchange market efficiency tests: Implications of recent empirical findings (1986)Testing Rationality in the Point Spread Betting Market (1988)International Differences in GAAP and the Pricing of Earnings (1992)The General Theory of Employment, Interest and Money. (1936)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion (1977)On the Possibility of Speculation under Rational Expectations (1982)The Consequences of the Dependence of Quality on Price (1987)The Use of Knowledge in Society (1996)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)Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices (1979)Inefficiency in the market for 'Fine Art': how this market inefficiency promotes 'Art Tourism' in South Africa (2014)On the Impossibility of Informationally Efficient Markets (1980)Continuous Auctions and Insider Trading (1985)Insightful Insiders? Insider Trading and Stock Return around Debt Covenant Violation Disclosures (2014)Misvaluation and Insider Trading Incentives for Accrual‐based and Real Earnings Management (2014)Insider Trading and the Post-Earnings Announcement Drift (2017)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Common risk factors in the returns on stocks and bonds (1993)Do Mergers and Acquisitions Create Wealth Effects? Evidence from Twenty Emerging Markets (2015)Mergers and executive compensation changes: Evidence from African markets (2019)Theory of Value (1959)A Consumption-Oriented Theory of the Demand for Financial Assets and the Term Structure of Interest Rates (1970)MARKET EQUILIBRIUM IN A MULTIPERIOD STATE PREFERENCE MODEL WITH LOGARITHMIC UTILITY† (1975)THE THEORY OF SPECULATION UNDER ALTERNATIVE REGIMES OF MARKETS (1977)
this work references cited by second hop

References

  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1976Information and Competitive Price Systems921 cited
  • 1975Informational Economies of Scale166 cited
  • 1975Securities Market Efficiency in an Arrow-Debreu Economy159 cited
  • 1978Market "Efficiency" in a Market with Heterogeneous Information151 cited
  • 1979On the theory of market information efficiency55 cited

Cited by

  • 1982Expectations Models of Asset Prices: A Survey of Theory112 cited
  • 1996INSIDER TRADING AND THE INFORMATION CONTENT OF EARNINGS44 cited
  • 1983Consensus Beliefs Equilibrium and Market Efficiency27 cited
  • 2012The Impact of M&A Announcement and Financing Strategy on Stock Returns: Evidence from BRICKS Markets21 cited
  • 2013Investment Performance: A Review and Synthesis17 cited
  • 2008Financial decisions in the household16 cited
  • 2014Fair Value Accounting: Consequences of Booking Market-Driven Goodwill Impairment14 cited
  • 2008Consumption and identity10 cited

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