Trading Volume : The behavior in information asymmetries

Background: According to theory, trading volume decreases in information asymmetries, i.e. when there are differences in information. This is due to the fact that uninformed investors delay their trades when they are facing adverse selec-tion. When the asymmetry is resolved there should be a corresp...

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Bibliographic Details
Main Authors: Johansson, Henrik, Wilandh, Niklas
Format: Others
Language:English
Published: Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Företagsekonomi 2005
Subjects:
Online Access:http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-354