Market Power and Price Informativeness

A Mathematical Theory of Communication

Claude E. Shannon · Bell System Technical Journal · 1948 · 80.7K citations

Engineering, Communication, Electrical Engineering +11

Continuous Auctions and Insider Trading

Albert S. Kyle · Econometrica · 1985 · 10K citations

Business, Economics, Auction Theory +12

On the Impossibility of Informationally Efficient Markets

Sanford J. Grossman · RePEc: Research Papers in Economics · 1980 · 5.3K citations

Social Sciences, Economics, Information Theory +9

Implications of rational inattention

Christopher A. Sims · Journal of Monetary Economics · 2003 · 3.8K citations

Social Sciences, Psychology, Social Psychology +5

Price Informativeness and Investment Sensitivity to Stock Price

Qi Chen, Itay Goldstein, Wei Jiang · Review of Financial Studies · 2006 · 1.5K citations

Business, Economics, Finance +14