Ohad Kadan, Asaf Manela
Review of Finance, Volume 29, Issue 1, January 2025, Pages 1–32, https://doi.org/10.1093/rof/rfae040
In financial markets, the value of information is a crucial factor for investors, analysts, and money managers who allocate resources to research assets. Understanding how much investors would pay for information has broad implications, from determining security analysts’ compensation to penalizing insider trading.… Read more...
Liquidity and the strategic value of information Read More »