Asset pricing, investment, and trading strategies are very important in finance. They are useful in various situations, for example, supporting the decision-mak

This book analyzes the emerging asset class of digital assets. When a new asset class originates, researchers try to understand some basic questions: Can digita

Efficiently Inefficient describes the key trading strategies used by hedge funds and demystifies the secret world of active investing. Leading financial economi

This book explores the effect of liquidity on asset prices, liquidity variations over time and how liquidity risk affects prices.

Alexander Brändle investigates the relationship between different measures of trading volume and returns in the Swiss stock market. He discovers that stocks wi