برچسب: Variability
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Admati And Pfleiderer-A Theory Of Intraday Patterns – Volume And Price Variability
Price Variability This article develops a theory in which concentrated- trading patterns arise endogenously as a result of the strategic behavior of liquidity traders and informed traders. Our results provide a partial explanation for some of the recent empirical findings concerning the patterns of volume and price variability in intraday transaction data sadeghiyan