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Test of market efficiencies using experimental electronic markets

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  • Tung, Y. Alex
  • Marsden, James R.

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  • Tung, Y. Alex & Marsden, James R., 1998. "Test of market efficiencies using experimental electronic markets," Journal of Business Research, Elsevier, vol. 41(2), pages 145-151, February.
    • Handle: RePEc:eee:jbrese:v:41:y:1998:i:2:p:145-151
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    References listed on IDEAS

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    1. Syed, Azmat A & Liu, Pu & Smith, Stanley D, 1989. "The Exploitation of Inside Information at the Wall Street Journal: A Test of Strong Form Efficiency," The Financial Review, Eastern Finance Association, vol. 24(4), pages 567-579, November.
    2. Keown, Arthur J & Pinkerton, John M, 1981. "Merger Announcements and Insider Trading Activity: An Empirical Investigation," Journal of Finance, American Finance Association, vol. 36(4), pages 855-869, September.
    3. Seyhun, H. Nejat, 1986. "Insiders' profits, costs of trading, and market efficiency," Journal of Financial Economics, Elsevier, vol. 16(2), pages 189-212, June.
    4. Eyssell, Thomas H, 1991. "Corporate Insiders and the Death of the Firm: Evidence on the Incidence of Insider Trading in Corporate Dissolutions," The Financial Review, Eastern Finance Association, vol. 26(4), pages 517-533, November.
    5. Jaffe, Jeffrey F, 1974. "Special Information and Insider Trading," The Journal of Business, University of Chicago Press, vol. 47(3), pages 410-428, July.
    6. Givoly, Dan & Palmon, Dan, 1985. "Insider Trading and the Exploitation of Inside Information: Some Empirical Evidence," The Journal of Business, University of Chicago Press, vol. 58(1), pages 69-87, January.
    7. Elias Raad & H. K. Wu, 1995. "Insider Trading Effects On Stock Returns Around Open‐Market Stock Repurchase Announcements: An Empirical Study," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 18(1), pages 45-57, March.
    8. Baesel, Jerome B. & Stein, Garry R., 1979. "The Value of Information: Inferences from the Profitability of Insider Trading," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 14(3), pages 553-571, September.
    9. Fama, Eugene F, et al, 1969. "The Adjustment of Stock Prices to New Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 10(1), pages 1-21, February.
    10. Finnerty, Joseph E, 1976. "Insiders and Market Efficiency," Journal of Finance, American Finance Association, vol. 31(4), pages 1141-1148, September.
    11. Penman, Stephen H, 1982. "Insider Trading and the Dissemination of Firms' Forecast Information," The Journal of Business, University of Chicago Press, vol. 55(4), pages 479-503, October.
    12. Smith, Vernon L, 1976. "Experimental Economics: Induced Value Theory," American Economic Review, American Economic Association, vol. 66(2), pages 274-279, May.
    13. Smith, Vernon L & Suchanek, Gerry L & Williams, Arlington W, 1988. "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets," Econometrica, Econometric Society, vol. 56(5), pages 1119-1151, September.
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    Cited by:

    1. Merl, Robert, 2022. "Literature review of experimental asset markets with insiders," Journal of Behavioral and Experimental Finance, Elsevier, vol. 33(C).
    2. repec:grz:wpsses:2021-04 is not listed on IDEAS

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