We provide a model for why high beta assets are more prone to speculative overpricing than low beta ones. When investors disagree about the common factor of cash-flows, high beta assets are more sensi
There is a growing interest to understand financial markets as ecological systems, where the variety of trading strategies correspond to that of biological species. For this purpose, transaction data
The Vietnamese government introduced a change in the minimum tick size for stock trading on 12 September 2016 to improve market quality and reduce trade execution costs. The intended effects of this p
