Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation

The General Theory of Employment, Interest and Money.

1936 • 13,605 citations

Continuous Auctions and Insider Trading

1985 • 9,651 citations

Network externalities, competition, and compatibility

1985 • 6,025 citations

On the Impossibility of Informationally Efficient Markets

1980 • 4,825 citations

Standardization, Compatibility, and Innovation

1985 • 2,618 citations

Multimarket Oligopoly: Strategic Substitutes and Complements

1985 • 2,617 citations

Positive Feedback Investment Strategies and Destabilizing Rational Speculation

1990 • 2,212 citations

Coordinating Coordination Failures in Keynesian Models

1988 • 1,670 citations

On the Possibility of Speculation under Rational Expectations

1982 • 971 citations

Managerial Incentives and Capital Management

1986 • 716 citations

Information Acquisition in a Noisy Rational Expectations Economy

1982 • 601 citations

Equilibrium Short Horizons of Investors and Firms

1990 • 554 citations

Informational Externalities and Welfare-Reducing Speculation

1987 • 449 citations

Chartists, Fundamentalists, and the Demand for Dollars

1990 • 280 citations

Observability and the Payback Criterion

1985 • 90 citations

Herd behavior and investment

1988 • 33 citations

Endogenous Market Thinness and Stock Price Volatility

1986 • 6 citations