Financial Speculators' Underperformance: Learning, Self‐Selection, and Endogenous Liquidity

Publisher: John Wiley & Sons Inc

E-ISSN: 1540-6261|22-1082|3|1313-1340

ISSN: 0022-1082

Source: THE JOURNAL OF FINANCE, Vol.22-1082, Iss.3, 2007-06, pp. : 1313-1340

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Abstract