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- W2969892401 abstract "One of the most popular models for measuring information asymmetry of financial assets is the probability of informed trading model (PIN). Its theoretical foundation and its wide possibility of application made PIN a benchmark in insider trading studies. In view of the interpretability of PIN and its parameters, this study aims to evaluate and propose a Bayesian version for the probability of informed trading model. The proposed approach brings the possibility to include expert opinions about PIN parameters and represents a new contribution to the theoretical scope of market microstructure models." @default.
- W2969892401 created "2019-08-29" @default.
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- W2969892401 date "2020-01-01" @default.
- W2969892401 modified "2023-10-14" @default.
- W2969892401 title "Probability of Informed Trading: a Bayesian Approach" @default.
- W2969892401 doi "https://doi.org/10.1504/ijads.2020.10023337" @default.
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