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The large literature on costly signaling and the somewhat scant literature on preference signaling had varying success in showing that sending a signal affects outcomes. We use a field experiment to s...
This paper presents an overview of information-based asset pricing. In this approach, an asset is defined by its cash-flow structure. The market is assumed to have access to "partial" information abou...
This paper presents an overview of information-based asset pricing. In this approach, an asset is defined by its cash-flow structure. The market is assumed to have access to "partial" information abou...

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