Stock Price Manipulation: The Role of Intermediaries
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- Hammad Siddiqi, 2007. "Stock Price Manipulation : The Role of Intermediaries," Finance Working Papers 22280, East Asian Bureau of Economic Research.
References listed on IDEAS
- repec:hoo:wpaper:e-89-7 is not listed on IDEAS
- Robert A. Jarrow, 2008.
"Market Manipulation, Bubbles, Corners, and Short Squeezes,"
World Scientific Book Chapters, in: Financial Derivatives Pricing Selected Works of Robert Jarrow, chapter 6, pages 105-130,
World Scientific Publishing Co. Pte. Ltd..
- Jarrow, Robert A., 1992. "Market Manipulation, Bubbles, Corners, and Short Squeezes," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 27(3), pages 311-336, September.
- Allen, Franklin & Gale, Douglas, 1992. "Stock-Price Manipulation," The Review of Financial Studies, Society for Financial Studies, vol. 5(3), pages 503-529.
- In-Koo Cho & David M. Kreps, 1987.
"Signaling Games and Stable Equilibria,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(2), pages 179-221.
- In-Koo Cho & David M. Kreps, 1997. "Signaling Games and Stable Equilibria," Levine's Working Paper Archive 896, David K. Levine.
- Farrell Joseph, 1993.
"Meaning and Credibility in Cheap-Talk Games,"
Games and Economic Behavior, Elsevier, vol. 5(4), pages 514-531, October.
- Joseph Farrell., 1986. "Meaning and Credibility in Cheap-Talk Games," Economics Working Papers 8609, University of California at Berkeley.
- J. Farrell, 2010. "Meaning and Credibility in Cheap Talk Games," Levine's Working Paper Archive 533, David K. Levine.
- Farrell, Joseph, 1986. "Meaning and Credibility in Cheap-Talk Games," Department of Economics, Working Paper Series qt4968n3fz, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Baliga, Sandeep & Morris, Stephen, 2002.
"Co-ordination, Spillovers, and Cheap Talk,"
Journal of Economic Theory, Elsevier, vol. 105(2), pages 450-468, August.
- Sandeep Baliga & Stephen Morris, 2000. "Coordination, Spillovers, and Cheap Talk," Discussion Papers 1301, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Robert J. Aumann & Sergiu Hart, 2003.
"Long Cheap Talk,"
Econometrica, Econometric Society, vol. 71(6), pages 1619-1660, November.
- Robert J. Aumann & Sergiu Hart, 2002. "Long Cheap Talk," Discussion Paper Series dp284, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem, revised Nov 2002.
- van Damme, Eric, 1989.
"Stable equilibria and forward induction,"
Journal of Economic Theory, Elsevier, vol. 48(2), pages 476-496, August.
- van Damme, E.E.C., 1989. "Stable equilibria and forward induction," Other publications TiSEM bd598a8f-f017-4cab-a9ed-8, Tilburg University, School of Economics and Management.
- van Damme, E.E.C., 1990. "Stable equilibria and forward induction," Other publications TiSEM e4c0a7ec-55b2-474c-8dae-1, Tilburg University, School of Economics and Management.
- Manelli, Alejandro M., 1997. "The Never-a-Weak-Best-Response Test in Infinite Signaling Games," Journal of Economic Theory, Elsevier, vol. 74(1), pages 152-173, May.
- Marco Battaglini, 2002.
"Multiple Referrals and Multidimensional Cheap Talk,"
Econometrica, Econometric Society, vol. 70(4), pages 1379-1401, July.
- Marco Battaglini, 1999. "Multiple Referrals and Multidimensional Cheap Talk," Discussion Papers 1295, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Marco Battaglini, 2000. "Multiple Referrals and Multidimensional Cheap Talk," Econometric Society World Congress 2000 Contributed Papers 1557, Econometric Society.
- Farrell, Joseph & Gibbons, Robert, 1989.
"Cheap talk can matter in bargaining,"
Journal of Economic Theory, Elsevier, vol. 48(1), pages 221-237, June.
- Robert Gibbons & Joseph Farrell, 1988. "Cheap Talk Can Matter in Bargaining," Working papers 482, Massachusetts Institute of Technology (MIT), Department of Economics.
- Joseph Farrell and Robert Gibbons., 1988. "Cheap Talk Can Matter in Bargaining," Economics Working Papers 8863, University of California at Berkeley.
- Farrell, Joseph & Gibbons, Robert, 1988. "Cheap Talk Can Matter in Bargaining," Department of Economics, Working Paper Series qt3qz786xq, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Stein, Jeremy C, 1989. "Cheap Talk and the Fed: A Theory of Imprecise Policy Announcements," American Economic Review, American Economic Association, vol. 79(1), pages 32-42, March.
- Sudipto Bhattacharya, 1979. "Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 259-270, Spring.
- Farrell, Joseph & Gibbons, Robert, 1989.
"Cheap Talk with Two Audiences,"
American Economic Review, American Economic Association, vol. 79(5), pages 1214-1223, December.
- Farrell, J. & Gibbons, R., 1989. "Cheap Talk With Two Audiences," Working papers 518, Massachusetts Institute of Technology (MIT), Department of Economics.
- Banks, Jeffrey S & Sobel, Joel, 1987.
"Equilibrium Selection in Signaling Games,"
Econometrica, Econometric Society, vol. 55(3), pages 647-661, May.
- Banks, Jeffrey S. & Sobel, Joel., 1985. "Equilibrium Selection in Signaling Games," Working Papers 565, California Institute of Technology, Division of the Humanities and Social Sciences.
- Jung, Hanjoon Michael, 2007. "Strategic Information Transmission through the Media," MPRA Paper 5556, University Library of Munich, Germany, revised Oct 2007.
- Khwaja, Asim Ijaz & Mian, Atif, 2005. "Unchecked intermediaries: Price manipulation in an emerging stock market," Journal of Financial Economics, Elsevier, vol. 78(1), pages 203-241, October.
- Rajesh K. Aggarwal & Guojun Wu, 2006. "Stock Market Manipulations," The Journal of Business, University of Chicago Press, vol. 79(4), pages 1915-1954, July.
- Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hanjoon Michael Jung, 2008.
"Paradox of Credibility,"
Microeconomics Working Papers
22267, East Asian Bureau of Economic Research.
- Jung, Hanjoon Michael, 2008. "Paradox of Credibility," MPRA Paper 7443, University Library of Munich, Germany.
- Tariq, Yasir Bin & Abbas, Zaheer, 2013. "Compliance and multidimensional firm performance: Evaluating the efficacy of rule-based code of corporate governance," Economic Modelling, Elsevier, vol. 35(C), pages 565-575.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jung, Hanjoon Michael, 2007. "Strategic Information Transmission through the Media," MPRA Paper 5556, University Library of Munich, Germany, revised Oct 2007.
- Peter Eso & James Schummer, 2005. "Robust Deviations from Signaling Equilibria," Discussion Papers 1406, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ricardo Alonso & Wouter Dessein & Niko Matouschek, 2008.
"When Does Coordination Require Centralization?,"
American Economic Review, American Economic Association, vol. 98(1), pages 145-179, March.
- Matouschek, Niko & Dessein, Wouter & Alonso, Ricardo, 2006. "When Does Coordination Require Centralization?," CEPR Discussion Papers 5802, C.E.P.R. Discussion Papers.
- Alonso, Ricardo & Dessein, Wouter & Matouschek, Niko, 2008. "When does coordination require centralization?," LSE Research Online Documents on Economics 58664, London School of Economics and Political Science, LSE Library.
- Eduardo Perez-Richet, 2014.
"Interim Bayesian Persuasion: First Steps,"
American Economic Review, American Economic Association, vol. 104(5), pages 469-474, May.
- Eduardo Perez, 2015. "Interim Bayesian Persuasion: First Steps," Post-Print hal-03392982, HAL.
- Vaccari, Federico, 2023.
"Competition in costly talk,"
Journal of Economic Theory, Elsevier, vol. 213(C).
- Federico Vaccari, 2021. "Competition in Costly Talk," Papers 2103.05317, arXiv.org, revised Apr 2023.
- Dominiak, Adam & Lee, Dongwoo, 2023. "Testing rational hypotheses in signaling games," European Economic Review, Elsevier, vol. 160(C).
- Austen-Smith, David & Banks, Jeffrey S., 2000.
"Cheap Talk and Burned Money,"
Journal of Economic Theory, Elsevier, vol. 91(1), pages 1-16, March.
- David Austen-Smith & Jeffrey S. Banks, 1998. "Cheap Talk and Burned Money," Discussion Papers 1245, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ke Liu & Kin Lai & Jerome Yen & Qing Zhu, 2015. "A Model of Stock Manipulation Ramping Tricks," Computational Economics, Springer;Society for Computational Economics, vol. 45(1), pages 135-150, January.
- Enrique Mart'inez-Miranda & Peter McBurney & Matthew J. Howard, 2015. "Learning Unfair Trading: a Market Manipulation Analysis From the Reinforcement Learning Perspective," Papers 1511.00740, arXiv.org.
- Hedlund, Jonas, 2017. "Bayesian persuasion by a privately informed sender," Journal of Economic Theory, Elsevier, vol. 167(C), pages 229-268.
- Facundo Albornoz & Joan-Maria Esteban & Paolo Vanin, 2009.
"Government Information Transparency,"
Working Papers
392, Barcelona School of Economics.
- Joan Esteban & Facundo Albornoz & Paolo Vanin, 2009. "Government Information Transparency," UFAE and IAE Working Papers 774.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 10 Feb 2010.
- Facundo Albornoz & Joan Esteban & Paolo Vanin, 2009. "Government Information Transparency," Discussion Papers 09-03, Department of Economics, University of Birmingham.
- Vaccari, Federico, 2021.
"Competition in Signaling,"
MPRA Paper
106071, University Library of Munich, Germany.
- Federico Vaccari, 2022. "Competition in Signaling," Working Papers 2022.38, Fondazione Eni Enrico Mattei.
- Vaccari, Federico, 2022. "Competition in Signaling," FEEM Working Papers 329582, Fondazione Eni Enrico Mattei (FEEM).
- Dosis, Anastasios, 2018.
"On signalling and screening in markets with asymmetric information,"
Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 140-149.
- Anastasios Dosis, 2018. "On Signalling and Screening in Markets with Asymmetric Information," Post-Print hal-02980534, HAL.
- Bernheim, B. Douglas & Bodoh-Creed, Aaron L., 2023. "Pervasive signaling," Theoretical Economics, Econometric Society, vol. 18(1), January.
- Venkatesh, Raghul S, 2017. "Cheap Talk with Strategic Substitutability," CRETA Online Discussion Paper Series 31, Centre for Research in Economic Theory and its Applications CRETA.
- Chen, Ying & Oliver, Atara, 2023. "When to ask for an update: Timing in strategic communication," Journal of Economic Theory, Elsevier, vol. 211(C).
- Starkov, Egor, 2023.
"Only time will tell: Credible dynamic signaling,"
Journal of Mathematical Economics, Elsevier, vol. 109(C).
- Egor Starkov, 2020. "Only Time Will Tell: Credible Dynamic Signaling," Discussion Papers 20-05, University of Copenhagen. Department of Economics.
- Egor Starkov, 2020. "Only Time Will Tell: Credible Dynamic Signaling," Papers 2007.09568, arXiv.org, revised Jan 2022.
- Johanna Hertel & John Smith, 2013.
"Not so cheap talk: costly and discrete communication,"
Theory and Decision, Springer, vol. 75(2), pages 267-291, August.
- Hertel, Johanna & Smith, John, 2010. "Not so cheap talk: Costly and discrete communication," MPRA Paper 23560, University Library of Munich, Germany.
- Hertel, Johanna & Smith, John, 2011. "Not so cheap talk: Costly and discrete communication," MPRA Paper 29148, University Library of Munich, Germany.
- Jorge M. Streb, 2018. "Credible signals: A refinement of perfect Bayesian equilibria," CEMA Working Papers: Serie Documentos de Trabajo. 674, Universidad del CEMA.
- Goltsman, Maria & Pavlov, Gregory, 2011.
"How to talk to multiple audiences,"
Games and Economic Behavior, Elsevier, vol. 72(1), pages 100-122, May.
- Maria Goltsman & Gregory Pavlov, 2008. "How to Talk to Multiple Audiences," University of Western Ontario, Departmental Research Report Series 20081, University of Western Ontario, Department of Economics.
More about this item
Keywords
Stock Price Manipulation; Broker Manipulation; Broker Competition; Broker Bias; Emerging Markets; Market Microstructure;All these keywords.
JEL classification:
- G1 - Financial Economics - - General Financial Markets
- G2 - Financial Economics - - Financial Institutions and Services
- G3 - Financial Economics - - Corporate Finance and Governance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2008-01-05 (Microeconomics)
- NEP-MST-2008-01-05 (Market Microstructure)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:6374. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.