Institutionalization, delegation, and asset prices

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

On the Impossibility of Informationally Efficient Markets

Joseph E. Stiglitz, Sanford J. Grossman · Columbia Academic Commons (Columbia University) · 1980 · 3.7K citations · Full text

Social Sciences, Economics, Information Theory +9

The Theory of Syndicates

Robert Wilson · Econometrica · 1968 · 1.2K citations

Business, Economics, Finance +12

Informed Speculation with Imperfect Competition

Albert S. Kyle · The Review of Economic Studies · 1989 · 1K citations

Social Sciences, Economics, Decision Theory +16