The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
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Citations
Cites
The Market for "Lemons": Quality Uncertainty and the Market Mechanism
Akerlof, G. A. (1970) · The Quarterly Journal of Economics · doi:10.2307/1879431 · Cited by 23,016
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
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
The Economic Consequences of Increased Disclosure
Leuz, C., & Verrecchia, R. E. (2000) · Journal of Accounting Research · doi:10.2307/2672910 · Cited by 2,370
LEUZ, C., & WYSOCKI, P. D. (2016) · Journal of Accounting Research · doi:10.1111/1475-679x.12115 · Cited by 1,760
Mandatory IFRS reporting and changes in enforcement
Christensen, H. B., Hail, L., & Leuz, C. (2013) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2013.10.007 · Cited by 816
Transparency, Liquidity, and Valuation: International Evidence on When Transparency Matters Most
LANG, M., LINS, K. V., & MAFFETT, M. (2012) · Journal of Accounting Research · doi:10.1111/j.1475-679x.2012.00442.x · Cited by 821
The Flash Crash: High‐Frequency Trading in an Electronic Market
KIRILENKO, A., KYLE, A. S., SAMADI, M., & TUZUN, T. (2017) · The Journal of Finance · doi:10.1111/jofi.12498 · Cited by 795
All the News That's Fit to Reprint: Do Investors React to Stale Information?
Tetlock, P. C. (2011) · Review of Financial Studies · doi:10.1093/rfs/hhq141 · Cited by 677
Business sustainability performance and cost of equity capital
Ng, A. C., & Rezaee, Z. (2015) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2015.08.003 · Cited by 650
Corporate social responsibility performance and information asymmetry
Cho, S. Y., Lee, C., & Pfeiffer, R. J. (2013) · Journal of Accounting and Public Policy · doi:10.1016/j.jaccpubpol.2012.10.005 · Cited by 645
Textual analysis and international financial reporting: Large sample evidence
Lang, M., & Stice-Lawrence, L. (2015) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2015.09.002 · Cited by 460
REPUTATION IN AN INTERNET AUCTION MARKET
McDonald, C. G., & Slawson, V. C. (2002) · Economic Inquiry · doi:10.1093/ei/40.4.633 · Cited by 277
Measuring the Incidence of Insider Trading in a Market for State-Contingent Claims
Shin, H. S. (1993) · The Economic Journal · doi:10.2307/2234240 · Cited by 197
Prices of State Contingent Claims with Insider Traders, and the Favourite-Longshot Bias
Shin, H. S. (1992) · The Economic Journal · doi:10.2307/2234526 · Cited by 182
Determinants of trading profits: the liquidity provision decision
Chae, J., & Wang, A. (2009) · Emerging Markets Finance and Trade · doi:10.2753/ree1540-496x450603 · Cited by 6
Does Agricultural Commodity Speculation Contribute to Sustainable Development?
Kleinau, C., & Lin-Hi, N. (2014) · Corporate Governance · doi:10.1108/cg-07-2014-0083 · Cited by 4
Agentic Trading: When LLM Agents Meet Financial Markets
Xia, Y., You, P., Wang, T., Liu, F., Qi, H., Wu, X., & Zhang, S. (2026) · arXiv · doi:10.48550/arxiv.2605.19337 · Cited by 4
Metadata
- Authors
- Glosten, L. R., & Milgrom, P. R.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 1985-03
- Volume
- 14
- Issue
- 1
- Pages
- 71-100
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W1985808284
- Cited by
- 6,115
- References
- 2
- FWCI
- 46.97
- 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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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.
