3 datasets found

The popularity of stated choice (SC) experiments has produced many design strategies in which researchers use increasingly more complex choice settings to study choice...

Recently, Duarte and Young (2009) studied the probability of informed trading (PIN) proposed by Easley et al. (2002) and decomposed it into two parts: the adjusted PIN (APIN) as...

This paper develops a novel approach to information-based securities trading by characterizing the hidden state of the market, which varies following a Markov process. Extensive...