Noise traders
By: James Dow, Gary Gorton.
Contributors: Gorton, Gary.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 12256.; Working paper series (National Bureau of Economic Research) -- working paper no. 12256.
Publisher: National Bureau of Economic Research
Published: 2006
Place of publication: Cambridge, MA
Language: eng
Subjects: Finance; Brokers; Economics
Description: "Noise traders are agents whose theoretical existence has been hypothesized as a way of solving certain fundamental problems in Financial Economics.  We briefly review the literature on noise traders.  The is an entry for The New Palgrave: A Dictionary of Economics, 2nd Edition (Palgrave Macmillan: New York), edited by Steven N.  Durlauf and Lawrence E.  Blume, forthcoming in 2008"--National Bureau of Economic Research web site.
Notes: "May 2006"

Includes bibliographical references (p. 6-8).

Also available in PDF from the NBER world wide web site (www.nber.org).