Choice of Information Learning: Evidence from Revisiting Price Discovery during the 2006 Dual Listing Craze in China
(2021)
Journal Article
Zhang, Y., Gao, X., & Niu, S. (2021). Choice of Information Learning: Evidence from Revisiting Price Discovery during the 2006 Dual Listing Craze in China. Theoretical Economics Letters, 11(6), 1165-1182. https://doi.org/10.4236/tel.2021.116074
Extant studies have proposed information choice models to explain the home bias puzzle. In this paper, we explore information asymmetries among local and non-local investors which are captured by market microstructure variables to explain the reper-c... Read More about Choice of Information Learning: Evidence from Revisiting Price Discovery during the 2006 Dual Listing Craze in China.