The Efficient Market Hypothesis and Insider Trading on the Stock Market

Continuous Auctions and Insider Trading

1985 • 9,651 citations

Essays in the Theory of Risk-Bearing.

1972 • 4,221 citations

Increasing risk: I. A definition

1970 • 3,861 citations

ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION

1976 • 1,388 citations

Special Information and Insider Trading

1974 • 1,307 citations

The Market for Securities: Substitution Versus Price Pressure and the Effects of Information on Share Prices

1972 • 944 citations

PRICE IMPACTS OF BLOCK TRADING ON THE NEW YORK STOCK EXCHANGE

1972 • 683 citations

Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices

1979 • 609 citations

Market Making and Reversal on the Stock Exchange

1966 • 360 citations

Predictive and Statistical Properties of Insider Trading

1968 • 298 citations

Trading rules, large blocks and the speed of price adjustment

1977 • 203 citations

Generic Existence of Completely Revealing Equilibria for Economies with Uncertainty when Prices Convey Information

1981 • 162 citations

The Value of Information: Inferences from the Profitability of Insider Trading

1979 • 130 citations

Increasing Risk: I. A Definition

1992 • 129 citations

Price Impacts of Block Trading on the New York Stock Exchange

1972 • 121 citations

Market Making and Reversal on the Stock Exchange

1966 • 74 citations

Market Power in a Securities Market with Endogenous Information

1985 • 58 citations

The Information Content of Specialist Pricing

1985 • 44 citations

Nonrandom Price Changes in Association with Trading in Large Blocks

1973 • 36 citations

The Effect of Insider Trading by a Dominant Trader in a Simple Securities Market Model

1985 • 3 citations