Disclosure Effects In The Laboratory: Liquidity, Depth, And The Cost Of Capital

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Disclosure and the cost of capital: what do we know? (2006, background): “Bloomfield and Wilks (2000) examine the relation between disclosure quality and liquidity, and cost of equity capital in an experimental market setting.”
Experimental Research in Financial Accounting (2002, background): “Bloomfield and Wilks (2000) show that, consistent with theoretical and archival work on disclosure, more accurate disclosures increase individual and market prices relative to expected values, and also increase individual and market liquidity.”
The impact of voluntary corporate disclosures on the ex-ante cost of capital for Swiss firms (2002, unknown): “…Glosten and Milgrom (1985), Amihud and Mendelson (1986) or Baiman and Verrecchia (1996) and is also supported by a recent experimental study from Bloomfield and Wilks (2000), who in a laboratory financial market show that improved disclosure quality leads investors to demand shares at higher…”
Independence in Appearance and in Fact: An Experimental Investigation* (2003, background): “Related research on the efficiency of experimental markets includes Ackert et al. 1996; Bloomfield and Libby 1996; Bloomfield and Wilks 2000: Dietrich et al 2001; Ganguly et al. 1994; Kachelmeier 1996b; and Libby et al. 2001.”