Two Essays on Mutual Funds Herding and the Information Content of Their Trades
Information asymmetry literature has developed models that explain the relation between uninformed traders and informed traders. In general, these models have shown that first, information asymmetry is a driving force for investor buying and selling behavior. Second, the trades of informed investors...
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Format: | Others |
Language: | English |
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Florida Atlantic University
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Online Access: | http://purl.flvc.org/fau/fd/FA00013127 |