An experimental study of trading volume and divergence of expectations in relation to earnings announcement
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References listed on IDEAS
- repec:bla:joares:v:29:y:1991:i:2:p:302-321 is not listed on IDEAS
- Gode, Dhananjay K & Sunder, Shyam, 1993. "Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 119-137, February.
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- Li, Dan & Li, Geng, 2014. "Are Household Investors Noise Traders: Evidence from Belief Dispersion and Stock Trading Volume," Finance and Economics Discussion Series 2014-35, Board of Governors of the Federal Reserve System (U.S.).
- Dan Li & Geng Li, 2011. "Belief dispersion among household investors and stock trading volume," Finance and Economics Discussion Series 2011-39, Board of Governors of the Federal Reserve System (U.S.).
More about this item
Keywordstrading volume; heterogeneity of expectations; earnings announcement and experimental asset markets; volume de transactions; hétérogénéité des attentes; annonce des bénéfices; marchés d'actifs expérimentaux;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2007-12-01 (All new papers)
- NEP-EXP-2007-12-01 (Experimental Economics)
- NEP-MST-2007-12-01 (Market Microstructure)
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