Empirical Market Microstructure: The Institutions, Economics, and Econometrics of Securities Trading

Empirical Market Microstructure: The Institutions, Economics, and Econometrics of Securities Trading

by Joel Hasbrouck
     
 

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Discusses the mechanisms by which securities are traded and economic models of asymmetric information, inventory control, and cost-minimizing trading strategies.See more details below

Overview

Discusses the mechanisms by which securities are traded and economic models of asymmetric information, inventory control, and cost-minimizing trading strategies.

Editorial Reviews

From the Publisher
"Joel Hasbrouck provides the first integrated introduction to the most important models of empirical market microstructure. The development is logical and easy to follow. Students and practioners will undoubtedly greatly appreciate the care with which Hasbrouck has identified the strengths and weaknesses of the models, and their relations to each other. This book represents an outstanding synthesis of academic work over the last 20 years. It is—and will long be—the authoritative treatment on the subject."—Larry Harris, Fred V. Keenan Chair in Finance, USC Marshall School of Business and author of Trading and Exchanges (OUP, 2002)

Product Details

ISBN-13:
9780199885329
Publisher:
Oxford University Press
Publication date:
12/08/2006
Sold by:
Barnes & Noble
Format:
NOOK Book
File size:
21 MB
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This product may take a few minutes to download.

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