Noise trading, delegated portfolio management, and economic welfare
By: James Dow, Gary Gorton.
Contributors: Gorton, Gary.; National Bureau of Economic Research.
Series: NBER working papers series -- working paper no. 4858; Working paper series (National Bureau of Economic Research) -- working paper no. 4858.
Publisher: National Bureau of Economic Research
Published: 1994
Place of publication: Cambridge, MA
Language: eng
Number of pages: 25
Subjects: Portfolio management -- Mathematical models.; Securities -- Prices -- Mathematical models.
Notes: "September 1994."

Includes bibliographical references (p. 24-25).

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