Are Stock Markets Costly Casinos? Disagreement, Market Failure, and Securities Regulation

Authors

Lynn A. Stout, Cornell Law SchoolFollow

Document Type

Article

Publication Date

4-1995

Keywords

Speculative stock trading, Rational choice analysis, Heterogeneous Expectations model

Disciplines

Business Organizations Law | Securities Law

Comments

This article predates the author's affiliation with Cornell Law School.

Recommended Citation

Stout, Lynn A., "Are Stock Markets Costly Casinos? Disagreement, Market Failure, and Securities Regulation" (1995). Cornell Law Faculty Publications. 751.
https://scholarship.law.cornell.edu/facpub/751

Publication Citation

Published in: Virginia Law Review, Vol. 81, No. 3 (April 1995).