Information production, dilution costs, and optimal security design

By P. Fulghieri, D. Lukin. 2001

228 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/3e3c1892314fab7e4ca5b7368fd4d815cad10bbc

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Citations in the corpus

Capital Structure, Cost of Capital, and Voluntary Disclosures (2011, background): “4 and Noe (1994), Demarzo and Duffie (1999), Demange and Laroque (1995), Rahi (1995), Fulghieri and Lukin (2001), Sunder (2005), Biais et al. (2007), Casamatta (2003), and Repullo and Suarez (2004) for more recent work.”
Feedback Effects and Asset Prices (2008, unknown): “The existing REE literature finds the non-linear learning of uninformed investors may lead to greater information effects from uninformed investors, resulting in price multiplicity (Gennotte and Leland (1990), Battacharya and Spiegel (1991), Barlevy and Veronesi (2003), and Yuan (2005)).”
Incentives for Information Production in Markets where Prices Affect Real Investment (2016, background): “11  (b  )  =   |{z}   +  b  · b   | {z }    (19)”
Trading Frenzies and Their Impact on Real Investment (2013, background): “The specific functional form assumed here is close to that in Dasgupta (2007) and Hellwig, Mukherji, and Tsyvinski (2006) .”
Have Financial Markets Become More Informative (2016, unknown): “…include Fishman and Hagerty (1992), Leland (1992), Khanna, Slezak, and Bradley (1994), Boot and Thakor (1997), Subrahmanyam and Titman (1999), Fulghieri and Lukin (2001), Bond, Goldstein, and Prescott (2010), Kurlat and Veldkamp (2012), Ozdenoren and Yuan (2008), Goldstein, Ozdenoren, and…”
Governance Through Trading and Intervention: A Theory of Multiple Blockholders (2011, background): “…through a different 2See, e.g., Fishman and Hagerty (1989), Holmstrom and Tirole (1993), Dow and Gorton (1997), Subrahmanyam and Titman (1999), Fulghieri and Lukin (2001), Chen, Goldstein and Jiang (2007), Goldstein and Guembel (2008), Calcagno and Heider (2008), Ferreira, Ferreira, and…”
A Lender-Based Theory of Collateral (2007, unknown): “, Fulghieri and Lukin (2001).”
Market-Based Corrective Actions (2010, background): “Gorton (1997); Fulghieri and Lukin (2001); Goldstein and Guembel (2008); Bond and Eraslan (2008); and Dow, Goldstein, and Guembel (2008).1 The above papers, however, do not consider the main case of interest in our model, where the price function is nonmonotone with respect to the fundamentals and i”
Government Intervention and Information Aggregation by Prices: Government Intervention and Information Aggregation by Prices (2015, unknown): “…from asset prices to real decisions; see, for example, Fishman and Hagerty (1992), Leland (1992), Khanna, Slezak, and Bradley (1994), Boot and Thakor (1997), Dow and Gorton (1997), Subrahmanyam and Titman (1999), Fulghieri and Lukin (2001), Foucault and Gehrig (2008), and Bond and Eraslan (2010).”