Using Privileged Information to Manipulate Markets: Insiders, Gurus, and Credibility
From MaRDI portal
Publication:4018096
DOI10.2307/2118369zbMath0825.90256OpenAlexW1528656328MaRDI QIDQ4018096
Publication date: 16 January 1993
Published in: The Quarterly Journal of Economics (Search for Journal in Brave)
Full work available at URL: http://hdl.handle.net/1721.1/64393
Related Items
Credulity, lies, and costly talk ⋮ Public trust and government betrayal ⋮ Naive audience and communication bias ⋮ Starting small to communicate ⋮ Information aggregation in experimental asset markets in the presence of a manipulator ⋮ Bubbles and persuasion with uncertainty over market sentiment ⋮ Preselection and expert advice ⋮ Bounded memory and permanent reputations ⋮ Too good to be truthful: why competent advisers are fired ⋮ A reputation for honesty ⋮ Media trading groups and short selling manipulation ⋮ Repeated communication with private lying costs ⋮ The battle of opinion: dynamic information revelation by ideological senders ⋮ Cheap talk with multiple experts and uncertain biases ⋮ Markets for information: of inefficient firewalls and efficient monopolies ⋮ Informed manipulation. ⋮ Learning about analysts ⋮ Truth-telling and trust in sender-receiver games with intervention: an experimental study ⋮ Communication in financial markets with several informed traders ⋮ Demand shocks and market manipulation ⋮ Reputation Effects ⋮ Sender-receiver games with cooperation ⋮ When mandatory disclosure hurts: Expert advice and conflicting interests ⋮ Experimentation with reputation concerns -- dynamic signalling with changing types ⋮ Informal communication ⋮ Asset markets with insider trading disclosure rule and reselling constraint: an experimental analysis ⋮ Information identification in different networks with heterogeneous information sources ⋮ A mathematical model of communication with reputational concerns ⋮ Reputation and liability in experience goods markets with imperfect monitoring ⋮ Disappearance of reputations in two-sided incomplete-information games