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TRANSACTION COSTS, ORDER PLACEMENT STRATEGY, AND EXISTENCE OF THE BID-ASK SPREAD
被引:135
作者
:
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
COHEN, KJ
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
WHITCOMB, DK
机构
:
[1]
NYU,NEW YORK,NY 10003
[2]
RUTGERS STATE UNIV,NEW BRUNSWICK,NJ 08903
来源
:
JOURNAL OF POLITICAL ECONOMY
|
1981年
/ 89卷
/ 02期
关键词
:
D O I
:
10.1086/260966
中图分类号
:
F [经济];
学科分类号
:
02 ;
摘要
:
引用
收藏
页码:287 / 305
页数:19
相关论文
共 27 条
[1]
DEALERSHIP MARKET - MARKET-MAKING WITH INVENTORY
AMIHUD, Y
论文数:
0
引用数:
0
h-index:
0
机构:
COLUMBIA UNIV,NEW YORK,NY 10027
AMIHUD, Y
MENDELSON, H
论文数:
0
引用数:
0
h-index:
0
机构:
COLUMBIA UNIV,NEW YORK,NY 10027
MENDELSON, H
[J].
JOURNAL OF FINANCIAL ECONOMICS,
1980,
8
(01)
: 31
-
53
[2]
DYNAMIC MARKET PROCESSES AND REWARDS TO UP-TO-DATE INFORMATION
BEJA, A
论文数:
0
引用数:
0
h-index:
0
机构:
TEL AVIV UNIV,RAMAT AVIV,ISRAEL
BEJA, A
HAKANSSON, NH
论文数:
0
引用数:
0
h-index:
0
机构:
TEL AVIV UNIV,RAMAT AVIV,ISRAEL
HAKANSSON, NH
[J].
JOURNAL OF FINANCE,
1977,
32
(02)
: 291
-
304
[3]
Benston G., 1974, J FINANC ECON, V1, P353, DOI [10.1016/0304-405X(74)90014-2, DOI 10.1016/0304-405X(74)90014-2]
[4]
BID-ASKED SPREADS ON AMEX AND BIG BOARD
论文数:
引用数:
h-index:
机构:
BRANCH, B
FREED, W
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV MASSACHUSETTS,AMHERST,MA 01002
UNIV MASSACHUSETTS,AMHERST,MA 01002
FREED, W
[J].
JOURNAL OF FINANCE,
1977,
32
(01)
: 159
-
163
[5]
RETURNS GENERATION PROCESS, RETURNS VARIANCE, AND EFFECT OF THINNESS IN SECURITIES MARKETS
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
COHEN, KJ
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
WHITCOMB, DK
[J].
JOURNAL OF FINANCE,
1978,
33
(01)
: 149
-
167
[6]
MARKET MAKERS AND THE MARKET SPREAD - REVIEW OF RECENT LITERATURE
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
COHEN, KJ
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
WHITCOMB, DK
[J].
JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS,
1979,
14
(04)
: 813
-
835
[7]
IMPLICATIONS OF MICROSTRUCTURE THEORY FOR EMPIRICAL-RESEARCH ON STOCK-PRICE BEHAVIOR
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
COHEN, KJ
HAWAWINI, GA
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
HAWAWINI, GA
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
WHITCOMB, DK
[J].
JOURNAL OF FINANCE,
1980,
35
(02)
: 249
-
257
[8]
COST OF TRANSACTING
DEMSETZ, H
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CHICAGO,CHICAGO,IL
UNIV CHICAGO,CHICAGO,IL
DEMSETZ, H
[J].
QUARTERLY JOURNAL OF ECONOMICS,
1968,
82
(01)
: 33
-
53
[9]
MARKET MICROSTRUCTURE
GARMAN, MB
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CALIF BERKELEY,BERKELEY,CA 94720
UNIV CALIF BERKELEY,BERKELEY,CA 94720
GARMAN, MB
[J].
JOURNAL OF FINANCIAL ECONOMICS,
1976,
3
(03)
: 257
-
275
[10]
COMPETITION, SCALE ECONOMIES, AND TRANSACTION COST IN STOCK-MARKET
HAMILTON, JL
论文数:
0
引用数:
0
h-index:
0
机构:
WAYNE STATE UNIV,DETROIT,MI 48201
WAYNE STATE UNIV,DETROIT,MI 48201
HAMILTON, JL
[J].
JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS,
1976,
11
(05)
: 779
-
802
←
1
2
3
→
共 27 条
[1]
DEALERSHIP MARKET - MARKET-MAKING WITH INVENTORY
AMIHUD, Y
论文数:
0
引用数:
0
h-index:
0
机构:
COLUMBIA UNIV,NEW YORK,NY 10027
AMIHUD, Y
MENDELSON, H
论文数:
0
引用数:
0
h-index:
0
机构:
COLUMBIA UNIV,NEW YORK,NY 10027
MENDELSON, H
[J].
JOURNAL OF FINANCIAL ECONOMICS,
1980,
8
(01)
: 31
-
53
[2]
DYNAMIC MARKET PROCESSES AND REWARDS TO UP-TO-DATE INFORMATION
BEJA, A
论文数:
0
引用数:
0
h-index:
0
机构:
TEL AVIV UNIV,RAMAT AVIV,ISRAEL
BEJA, A
HAKANSSON, NH
论文数:
0
引用数:
0
h-index:
0
机构:
TEL AVIV UNIV,RAMAT AVIV,ISRAEL
HAKANSSON, NH
[J].
JOURNAL OF FINANCE,
1977,
32
(02)
: 291
-
304
[3]
Benston G., 1974, J FINANC ECON, V1, P353, DOI [10.1016/0304-405X(74)90014-2, DOI 10.1016/0304-405X(74)90014-2]
[4]
BID-ASKED SPREADS ON AMEX AND BIG BOARD
论文数:
引用数:
h-index:
机构:
BRANCH, B
FREED, W
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV MASSACHUSETTS,AMHERST,MA 01002
UNIV MASSACHUSETTS,AMHERST,MA 01002
FREED, W
[J].
JOURNAL OF FINANCE,
1977,
32
(01)
: 159
-
163
[5]
RETURNS GENERATION PROCESS, RETURNS VARIANCE, AND EFFECT OF THINNESS IN SECURITIES MARKETS
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
COHEN, KJ
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,GRAD SCH BUSINESS ADM,NEW YORK,NY 10003
WHITCOMB, DK
[J].
JOURNAL OF FINANCE,
1978,
33
(01)
: 149
-
167
[6]
MARKET MAKERS AND THE MARKET SPREAD - REVIEW OF RECENT LITERATURE
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
COHEN, KJ
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
NYU,NEW YORK,NY 10003
WHITCOMB, DK
[J].
JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS,
1979,
14
(04)
: 813
-
835
[7]
IMPLICATIONS OF MICROSTRUCTURE THEORY FOR EMPIRICAL-RESEARCH ON STOCK-PRICE BEHAVIOR
COHEN, KJ
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
COHEN, KJ
HAWAWINI, GA
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
HAWAWINI, GA
MAIER, SF
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
MAIER, SF
SCHWARTZ, RA
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
SCHWARTZ, RA
WHITCOMB, DK
论文数:
0
引用数:
0
h-index:
0
机构:
CUNY BERNARD M BARUCH COLL,NEW YORK,NY 10010
WHITCOMB, DK
[J].
JOURNAL OF FINANCE,
1980,
35
(02)
: 249
-
257
[8]
COST OF TRANSACTING
DEMSETZ, H
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CHICAGO,CHICAGO,IL
UNIV CHICAGO,CHICAGO,IL
DEMSETZ, H
[J].
QUARTERLY JOURNAL OF ECONOMICS,
1968,
82
(01)
: 33
-
53
[9]
MARKET MICROSTRUCTURE
GARMAN, MB
论文数:
0
引用数:
0
h-index:
0
机构:
UNIV CALIF BERKELEY,BERKELEY,CA 94720
UNIV CALIF BERKELEY,BERKELEY,CA 94720
GARMAN, MB
[J].
JOURNAL OF FINANCIAL ECONOMICS,
1976,
3
(03)
: 257
-
275
[10]
COMPETITION, SCALE ECONOMIES, AND TRANSACTION COST IN STOCK-MARKET
HAMILTON, JL
论文数:
0
引用数:
0
h-index:
0
机构:
WAYNE STATE UNIV,DETROIT,MI 48201
WAYNE STATE UNIV,DETROIT,MI 48201
HAMILTON, JL
[J].
JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS,
1976,
11
(05)
: 779
-
802
←
1
2
3
→