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- W3041791520 abstract "Spoofing is the act of placing orders to buy or sell a financial contract without the intention to have those orders fulfilled in order to create the impression that there is a large demand for that contract at that price. In this article, I deny the view that spoofing in financial markets should be viewed as morally permissible analogously to the way bluffing is permissible in poker. I argue for the pro tanto moral impermissibility of spoofing and make the case that spoofing is disanalogous from bluffing in at least one important regard—speculative trading serves an important economic role, whereas poker does not." @default.
- W3041791520 created "2020-07-16" @default.
- W3041791520 creator A5046337894 @default.
- W3041791520 date "2020-01-01" @default.
- W3041791520 modified "2023-10-17" @default.
- W3041791520 title "You Can Bluff but You Should Not Spoof" @default.
- W3041791520 doi "https://doi.org/10.5840/bpej20207695" @default.
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