DYNAMIC MARKET PROCESSES AND THE REWARDS TO UP-TO-DATE INFORMATION

Authors

  • Avraham Beja,

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    • Respectively, of Tel Aviv University and University of California, Berkeley, and University of California, Berkeley. This research was partially supported by a grant from the Dean Witter Foundation.

  • Nils H. Hakansson

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    • Respectively, of Tel Aviv University and University of California, Berkeley, and University of California, Berkeley. This research was partially supported by a grant from the Dean Witter Foundation.


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