How Do We Assess a Model of Price and Volume?
评论了Dontoh和Ronen关于会计公告信息含量的论文,探讨竞争性理性预期模型中价格与交易量的关系,以及公告预期对提前获取私有信息决策的影响。
Abstract Comments on the paper "Information Content of Accounting Announcements," by Alex Dontoh and Joshua Ronen. Similarities of all competitive, rational expectations models; Relation between price and volume; Effect of the anticipation of public announcements on the decision to acquire private information in advance of the announcement.