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The Relationship Between Otc Bid-Ask Spreads And Dealer Size: The Impact Of Order-Processing And Diversification Costs

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  • Niranjan Tripathy
  • Richard L. Peterson

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  • Niranjan Tripathy & Richard L. Peterson, 1991. "The Relationship Between Otc Bid-Ask Spreads And Dealer Size: The Impact Of Order-Processing And Diversification Costs," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 14(2), pages 117-127, June.
    • Handle: RePEc:bla:jfnres:v:14:y:1991:i:2:p:117-127
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1991.tb00650.x
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    References listed on IDEAS

    as
    1. Benston, George J. & Hagerman, Robert L., 1974. "Determinants of bid-asked spreads in the over-the-counter market," Journal of Financial Economics, Elsevier, vol. 1(4), pages 353-364, December.
    2. Stoll, Hans R, 1978. "The Pricing of Security Dealer Services: An Empirical Study of NASDAQ Stocks," Journal of Finance, American Finance Association, vol. 33(4), pages 1153-1172, September.
    3. Amihud, Yakov & Mendelson, Haim, 1980. "Dealership market : Market-making with inventory," Journal of Financial Economics, Elsevier, vol. 8(1), pages 31-53, March.
    4. Seha M. Tinic, 1972. "The Economics of Liquidity Services," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(1), pages 79-93.
    5. repec:bla:jfinan:v:44:y:1989:i:1:p:115-34 is not listed on IDEAS
    6. Glosten, Lawrence R. & Milgrom, Paul R., 1985. "Bid, ask and transaction prices in a specialist market with heterogeneously informed traders," Journal of Financial Economics, Elsevier, vol. 14(1), pages 71-100, March.
    7. Haitovsky, Yoel, 1969. "Multicollinearity in Regression Analysis: Comment," The Review of Economics and Statistics, MIT Press, vol. 51(4), pages 486-489, November.
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    Cited by:

    1. Florentina Istrate, 2018. "Impact of Asymmetric Information on the Investment Decision," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 8(2), pages 287-294, April.
    2. Porter, David C. & Thatcher, John G., 1998. "Fragmentation, competition, and limit orders: New evidence from interday spreads," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(1), pages 111-128.

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