Constraints on short-selling and asset price adjustment to private information

Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

1985 • 6,148 citations

RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION

1977 • 3,446 citations

Information Effects on the Bid‐Ask Spread

1983 • 1,852 citations

The Only Game in Town

1971 • 899 citations

Timeliness of Reporting and the Stock Price Reaction to Earnings Announcements

1984 • 712 citations

Risk, Uncertainty, and Divergence of Opinion

1977 • 508 citations

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

1981 • 412 citations

Information Effects on the Bid-Ask Spread

1983 • 381 citations

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

1980 • 317 citations

Stock Prices and the Publication of Second-Hand Information

1978 • 292 citations

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

1980 • 58 citations