Information quality and market efficiency /
Thomas, S.Y. Ho
Information quality and market efficiency / - New York: Salomon Brothers Center for the Study of Financial Institutions, 1986. - 31p.; 28cm - Working Paper (Salomon Brothers Center for the Study of Financial Institutions), no. 403 .
Working Paper Series: Number 403
Incudes bibliographical references
The paper analyzes the optimal individual behavior in acquiring information and determines the amount of information incorporated in a stock at equilibrium in the presence of a cost schedule in acquiring information.
Stocks--Prices
Information theory in economics
332.63222 / THO
Information quality and market efficiency / - New York: Salomon Brothers Center for the Study of Financial Institutions, 1986. - 31p.; 28cm - Working Paper (Salomon Brothers Center for the Study of Financial Institutions), no. 403 .
Working Paper Series: Number 403
Incudes bibliographical references
The paper analyzes the optimal individual behavior in acquiring information and determines the amount of information incorporated in a stock at equilibrium in the presence of a cost schedule in acquiring information.
Stocks--Prices
Information theory in economics
332.63222 / THO