3Ying C C.Stock market prices and volumes of sales[J].Econometrica,1966,34(3):676-685.
4Crouch R L.A nonlinear test of the random-walk hypothesis[J].The American Economic Review,1970,60(1):199-202.
5Karpoff J M.The relation between price changes and trading volume:A survey[J].The Journal of Financial and Quantitative Analysis,1987,22(1):109-126.
6Copeland T E.A model of asset trading under the assumption of sequential information arrival[J].The Journal of Finance,1976,31(4):1149-1168.
7Epps T W,Epps M L.The stochastic dependence of security price changes and transaction volumes:Implications for the mixture-of-distributions hypothesis[J].Econometrica,1976,44(2):305-321.
8Wang J.A model of competitive stock trading volume[J].The Journal of Political Economy,1994,102(1):127-168.
9Admati A R,Pfleiderer P.A theory of intraday patterns:Volume and price variability[J].The Review of Financial Studies,1988,1(1):3-40.
10Spiegel M,Subrahmanyam A.Informed speculation and hedging in a noncompetitive securities market[J].The Review of Financial Studies,1992,5(2):307-329.
