The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Information aggregation in a noisy rational expectations economy
Overview
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Citations
Cites
Efficient capital markets: A review of theory and empirical work
Fama, E. F. (1970) · The Journal of Finance · doi:10.2307/2325486 · Cited by 13,635
On the impossibility of informationally efficient markets
Stiglitz, J. E., & Grossman, S. J. (1980) · Columbia University · doi:10.7916/d8765r99 · Cited by 3,645
Cited by
Disclosure, Liquidity, and the Cost of Capital
DIAMOND, D. W., & VERRECCHIA, R. E. (1991) · The Journal of Finance · doi:10.1111/j.1540-6261.1991.tb04620.x · Cited by 3,836
Self-citationIs All That Talk Just Noise? The Information Content of Internet Stock Message Boards
Antweiler, W., & Frank, M. Z. (2004) · The Journal of Finance · doi:10.1111/j.1540-6261.2004.00662.x · Cited by 2,373
LEUZ, C., & WYSOCKI, P. D. (2016) · Journal of Accounting Research · doi:10.1111/1475-679x.12115 · Cited by 1,760
Differences of Opinion Make a Horse Race
Harris, M., & Raviv, A. (1993) · Review of Financial Studies · doi:10.1093/rfs/5.3.473 · Cited by 1,643
Firm characteristics and analyst following
Bhushan, R. (1989) · Journal of Accounting and Economics · doi:10.1016/0165-4101(89)90008-6 · Cited by 1,529
Metadata
- Authors
- Diamond, D. W., & Verrecchia, R. E.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 1981-09
- Volume
- 9
- Issue
- 3
- Pages
- 221-235
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W2026397683
- Cited by
- 1,067
- References
- 2
- FWCI
- 35.92
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
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How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Information aggregation in a noisy rational expectations economy. https://app.cochat.ai/papers/10.1016/0304-405x(81)90026-x
- The paper
- Diamond, D. W., & Verrecchia, R. E. (1981). Information aggregation in a noisy rational expectations economy. Journal of Financial Economics. https://doi.org/10.1016/0304-405x(81)90026-x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
