995 resultados para role of plants
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2013
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2013
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Magdeburg, Univ., Med. Fak., Diss., 2014
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2014
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Tese de mestrado em Biologia Humana e Ambiente, apresentada à Universidade de Lisboa, através da Faculdade de Ciências, 2015
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2014
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v.1:no.6(1900)
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2015
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Magdeburg, Univ., Fak. für Naturwiss., Diss., 2015
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Otto-von-Guericke-Universität Magdeburg, Fakultät für Naturwissenschaften, Univ., Dissertation, 2015
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Otto-von-Guericke-Universität, Fakultät für Naturwissenschaften, Dissertation, 2016
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This paper analyzes the role of traders' priors (proper versus improper) on the implications of market transparency by comparing a pre-trade transparent market with an opaque market in a set-up based on Madhavan (1996). We show that prices may be more informative in the opaque market, regardless of how priors are modelled. In contrast, the comparison of market liquidity and volatility in the two market structures are affected by prior specification. Key words: Market microstructure, Transparency, Prior information