Two Essays on Market Efficiency ⎯ Tests of Idiosyncratic Risk: Informed Trading versus Noise and Arbitrage Risk, and Agency Costs and the Underlying Causes of Mispricing: Information Asymmetry versus Conflict of Interests
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Two Essays on Market Efficiency ⎯ Tests of Idiosyncratic Risk: Informed Trading versus Noise and Arbitrage Risk, and Agency Costs and the Underlying Causes of Mispricing: Information Asymmetry versus Conflict of Interests