Doctoral Dissertations
Date of Award
5-2018
Degree Type
Dissertation
Degree Name
Doctor of Philosophy
Major
Business Administration
Major Professor
Eric K. Kelley
Committee Members
David A. Maslar, Andrew T. Puckett, Roberto Ragozzino
Abstract
This dissertation examines the role of short selling and short sellers in the process by which information is gathered and incorporated into stock prices. The first essay examines how the ability to short sell impacts adverse selection in financial markets through its impact on investors’ incentives to gather costly information. The second essay examines how systematic changes across the business cycle affect what types of information – macro economic or firm specific – short sellers allocate attention to during recessions and expansions.
Recommended Citation
Dixon, Peter Nephi, "Essays on Short Selling. " PhD diss., University of Tennessee, 2018.
https://trace.tennessee.edu/utk_graddiss/4968