search query: @author Edelen, R. M. / total: 2
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| Author: | Chalmers, J. M. R. Edelen, R. M. Kadlec, G. B. |
| Title: | On the perils of financial intermediaries setting security prices: the mutual fund wild card option |
| Journal: | Journal of Finance
2001 : DEC, VOL. 56:6, p. 2209-2236 |
| Index terms: | FINANCIAL INTERMEDIARIES PRICES SECURITIES UNIT TRUSTS |
| Language: | eng |
| Abstract: | Economic distortions can arise when financial claims trade at prices set by an intermediary rather than direct negotiation between principals. The authors demonstrate the problem in a specific context, the exchange of open-end mutual fund shares. |
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