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Language: en
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We analyze a model of informed trading where an activist shareholder accumulates shares in an anonymous market and then expends costly effort to increase the fi
Language: en
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Type: BOOK - Published: 2001 - Publisher: University of Michigan Press
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Pages: 398
Type: BOOK - Published: 2003-09-02 - Publisher: Routledge
In recent years certain leading figures in the world of economics have called the usefulness of general equilibrium theory into question. This superb new book b
Language: en
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Type: BOOK - Published: 2013-01-11 - Publisher: MIT Press
Two leading economists develop a theory explaining the demand for and supply of liquid assets. Why do financial institutions, industrial companies, and househol