But could frictionless markets actually harm individual investors by increasing impulsive trading driven by heuristics and biases? Using
Getting_burned_by_frictionless_financial_markets.pdf
But could frictionless markets actually harm individual investors by increasing impulsive trading driven by heuristics and biases? Using
Getting-burned-by-frictionless-financial-markets_revised.pdf
In the context of the capital asset pricing model (CAPM), this article defines a financial market friction as anything that interferes with trade This
vol92no3_degennaro-robotti.pdf
If this occurs instantaneously, as in an idealized world of 'frictionless' markets and costless trading, then prices fully reflect all available information
A-Computational-View-of-Market-Efficiency.pdf
Keynesian model and (iii) frictionless inflation contains useful focus on the implications of menu costs for the responses of the stock market returns
Frictionless-Inflation-Bandeira-M..pdf
journal of economic theory 82, 1 18 (1998) Learning, Rare Events, and Recurrent Market Crashes in Frictionless Economies without Intrinsic Uncertainty
pdf?md5=ae9d405375ecbf6d0f700be94fbd8b35&pid=1-s2.0-S002205319892436X-main.pdf
B2C ECOMMERCE: A FRICTIONLESS MARKET IS NOT IN SIGHT – ARGUMENTS AND POLICY IMPLICATIONS MICHAEL LATZER, STEFAN W SCHMITZ
WP21.pdf
nomics of labor markets: How are movements in employment and unemployment to be The frictionless equilibrium labor market models predict that
dp2480.pdf