The Interdependency of Reporting Discretion and Informational Efficiency in Laboratory Markets.
通过实验室实验，研究市场效率如何影响管理者使用报告自由裁量权，以及允许自由裁量权又如何改变市场效率。
Abstract Examines how the level of market efficiency influences managers' use of reporting discretion and how allowing reporting discretion alters market efficiency. Nature of price efficiencies; Managerial reporting discretion; Market responses; Pricing errors; Manager's exercise of reporting discretion.