"Wertpapierhandel" . . "Börse" . . . . "Gesamtwirtschaftliche Liquidität" . . "Centre for Economic Policy Research (Gran Bretaña)" . . "Zonder onderwerpscode: economie." . . "Börsenkurs" . . "Risikomanagement" . . . . . . . . . . . . . . . . . "This paper studies predatory trading: trading that induces and/or exploits other investors' need to reduce their positions. We show that if one trader needs to sell, others also sell and subsequently buy back the asset. This leads to price overshooting and a reduced liquidation value for the distressed trader. Hence, the market is illiquid when liquidity is most needed. Further, a trader profits from triggering another trader's crisis, and the crisis can spill over across traders and across markets." . . . . . . . . . . . . . . . . . . "Predatory Trading"@en . "\"This paper studies predatory trading: trading that induces and/or exploits other investors' need to reduce their positions. We show that if one trader needs to sell, others also sell and subsequently buy back the asset. This leads to price overshooting and a reduced liquidation value for the distressed trader. Hence, the market is illiquid when liquidity is most needed. Further, a trader profits from triggering another trader's crisis, and the crisis can spill over across traders and across markets\"--National Bureau of Economic Research web site."@en . "Predatory Trading" . . . . . . . . . . . . . "Predatory trading"@en . "Predatory trading" . . . . . . . . . . . . . . . "Theorie" . . "National Bureau of Economic Research" . . "Liquidez internacional Evaluación de riesgos." . . "Börse / Börsenkurs / Wertpapierhandel / Risikomanagement / Gesamtwirtschaftliche Liquidität / Theorie." . .