Munich Personal RePEc Archive

Investors' Information Choice

Astaiza-Gómez, José Gabriel (2021): Investors' Information Choice.

[img]
Preview
PDF
MPRA_paper_110008.pdf

Download (484kB) | Preview

Abstract

I estimate a demand model for online services of financial data, from a random parameters or mixed logit model, using a sample with searches at Bloomberg Terminals and at the EDGAR system. My preliminary results suggest that the substitution investors make of financial information providers, are affected by the subscription prices, investors' expectations on stock returns, and investors' income.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.