The Informational Effects of Restrictions on Short Sales: Some Empirical Evidence

On the impossibility of informationally efficient markets

1980 • 3,972 citations

RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION

1977 • 3,446 citations

Misspecification of capital asset pricing

1981 • 1,344 citations

The Aggregation of Investor's Diverse Judgments and Preferences in Purely Competitive Security Markets

1969 • 524 citations

Heterogeneous Expectations, Restrictions on Short Sales, and Equilibrium Asset Prices

1980 • 317 citations

Further results on the informational efficiency of competitive stock markets

1978 • 198 citations

Market "Efficiency" in a Market with Heterogeneous Information

1978 • 156 citations

Information Diversity and Market Behavior

1982 • 84 citations