Vicente Madrigal
Biographic Data
| ID | 5849550 |
|---|---|
| NAME | Vicente Madrigal |
| GIVEN NAMES | Vicente |
| FAMILY NAME | Madrigal |
| SIGNATURE | MADRIGAL V |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1992 |
| LATEST PUBLICATION YEAR | 1992 |
| H-INDEX | 1 |
Testing Financial Market Equilibrium under Asymmetric Information
The authors devise tests that distinguish between competitive (Walrasian), fully revealing rational expectations and noisy rational expectations equilibria based on their predictions concerning trading volume around public information signals. Empirical results strongly support the noisy rational expectations hypothesis. This indicates that a significant amount of noise exists (so that private information has value), but not enough to obfuscate e…
Testing Financial Market Equilibrium under Asymmetric Information
The authors devise tests that distinguish between competitive (Walrasian), fully revealing rational expectations and noisy rational expectations equilibria based on their predictions concerning trading volume around public information signals. Empirical results strongly support the noisy rational expectations hypothesis. This indicates that a significant amount of noise exists (so that private information has value), but not enough to obfuscate e…
Testing Financial Market Equilibrium under Asymmetric Information
The authors devise tests that distinguish between competitive (Walrasian), fully revealing rational expectations and noisy rational expectations equilibria based on their predictions concerning trading volume around public information signals. Empirical results strongly support the noisy rational expectations hypothesis. This indicates that a significant amount of noise exists (so that private information has value), but not enough to obfuscate e…
Complex Systems and Time Series Analysis (1 work) · Computer Science (1 work) · Dispersion (optics (1 work) · Econometrics (1 work) · Economics (1 work) · Finance (1 work) · Finance (1 work) · Financial economics (1 work) · Financial market (1 work) · Financial Markets and Investment Strategies (1 work)