1Clark, P.K. (1973), “A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices.”Econometrica Vol. 41, No. 135-155.
2Epps. T. W. and M.L. Epps (1976), “The Stochastic Dependence of Security Price Changes and Transaction Volumes: Implications for the Mixture-of-Distrbution Hypothesis” Econometrica. Vol. 44 No. 305-321.
3Tauchen, George E., and Pitts, Mark.(March 1983), “The Price Variability-Volume Relationship on Speculative Markets”,Econometrica,51,485-505.
4Albert S. Kyle (November 1985), “Continuous Auctions and Insider Trading”, Econometrica, Vol. 53, No. 6.
5Admati, A.R. and Pfleiderer, P. (1988), “A theory of intraday patterns: Volume and price variability.”Review of Financial Studies 1,3-40.
6Jiang Wang (1993),“A Model of In tertemporal Asset Prices Under Asymmetric Information”, Review of Econmic Studies 60,249-282.
7Jiang Wang (1994), “A Model of Competitive Stock Trading Volume”, Journal of Political Economy vol. 102 no.1.
8Varian, H. (1985), “Divergence of opinion in financial markets.”IN:Courtenay C. Stone (Ed.), Financial Risk: Theory, Evidence and Implications, Proceedings of the Eleventh Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis, Kluwer, Boston, PP.3-37.
9Harris, M., Raviv, A. (1993), “Differences of opinion make a horse race.” Review of Financial Studies 6, 473-506.
10Haugen, Robert A. (eds.) (1999),“The Inefficient Stock Market”, New Jersey, Prentice Hall.