• Insider Trading, Informational Effciency and Allocative Effciency 

      Agastya, Murali
      Published 2003-05-01
      A dominant, net buyer of a certain asset receives a private signal that is correlated with its mean value. We call this insider a Boesky Insider when the quality of the received signal is such that the future value of the ...
      Open Access
      Working Paper