The Economics of Insider Trading: A Free Market Perspective

We deny that asymmetrical information is a market failure. In order to make this case, we subject to critical scrutiny the strongest case for this thesis: the view that laws prohibiting insider trading are viable, necessary, or compatible with the rule of law.

Saved in:  
Bibliographic Details
Published in:Journal of business ethics
Authors: Smith, Taylor (Author) ; Block, Walter E. (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2016
In: Journal of business ethics
Further subjects:B Asymmetrical information
B Insider trading
B Rule of law
B Market failure
B D82
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)
Description
Summary:We deny that asymmetrical information is a market failure. In order to make this case, we subject to critical scrutiny the strongest case for this thesis: the view that laws prohibiting insider trading are viable, necessary, or compatible with the rule of law.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-015-2621-5