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Perception of Price When Price Information Is Costly: Evidence from Residential Electricity Demand

✍ Scribed by Jeong-Shik Shin


Book ID
125763578
Publisher
MIT Press
Year
1985
Tongue
English
Weight
274 KB
Volume
67
Category
Article
ISSN
0034-6535

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## Abstract The role of option markets is reexamined in the reversal process of stock prices following stock price declines of 10% or more. A matched pair of optionable and nonoptionable firms is randomly selected when their price declines by 10% or more on the same date. The authors examine the 1,