统计研究 ›› 2005, Vol. 22 ›› Issue (12): 31-5.

• 论文 • 上一篇    下一篇

正反馈交易模型及机构投资者交易行为的作用

谭中明 李庆尊   

  1. 江苏大学
  • 收稿日期:1900-01-01 修回日期:1900-01-01 出版日期:2005-12-15 发布日期:2005-12-15

  • Received:1900-01-01 Revised:1900-01-01 Online:2005-12-15 Published:2005-12-15

Abstract: Abstract:This paper analyses dealing behaviors of institution investors who own insider information under forbiddance of insider dealings investor, investment fund always by positive feedback dealing model. As a representative institution takes advantages instead of taking arbitrage when it faces the positive feedback dealers, which will cause fluctuation in security on making market. Finally, this paper gives some proposals institution investors play more important roles in stabilizing the market