What's special about the specialist?
Data up to Jan 2025
Total Citations Per Year
Abstract
References (20)
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
1985 • 6,148 citations
A Theory of Intraday Patterns: Volume and Price Variability
1988 • 3,251 citations
Price, trade size, and information in securities markets
1987 • 2,249 citations
How investment bankers determine the offer price and allocation of new issues
1989 • 1,840 citations
Inferring the Components of the Bid‐Ask Spread: Theory and Empirical Tests
1989 • 951 citations
The Only Game in Town
1971 • 899 citations
On Market Timing and Investment Performance Part I: An Equilibrium Theory of Value for Market Forecasts
2011 • 555 citations
Insider Trading, Liquidity, and the Role of the Monopolist Specialist
1989 • 550 citations
Trades, quotes, inventories, and information
1988 • 517 citations
On Market Timing and Investment Performance. I. An Equilibrium Theory of Value for Market Forecasts
1981 • 495 citations
Equilibrium Block Trading and Asymmetric Information
1990 • 331 citations
Sunshine Trading and Financial Market Equilibrium
1991 • 259 citations
Divide and Conquer: A Theory of Intraday and Day-of-the-Week Mean Effects
1989 • 211 citations
Inferring the Components of the Bid-Ask Spread: Theory and Empirical Tests
1989 • 204 citations
The Informational Role of Upstairs and Downstairs Trading
1992 • 154 citations
Building blocks
1987 • 110 citations
Equity Markets: Structure, Trading, and Performance
1988 • 92 citations
Equilibrium Block Trading and Asymmetric Information
1990 • 49 citations
THE INFORMATION ROLE OF UPSTAIRS AND DOWNSTAIRS TRADING
1990 • 41 citations
Sunshine trading and financial market equilibrium
1991 • 13 citations