Calculates the probability of informed trading.
numeric: (named) vector of model parameters
If names are not set for
param or one or more of the vector names do not match the valid choices, they are internally set to
'mu' (in this order).
numeric: probability of informed trading
Easley, David et al. (2002)
Is Information Risk a Determinant of Asset Returns?
The Journal of Finance, Volume 57, Number 5, pp. 2185 - 2221
Easley, David et al. (1996)
Liquidity, Information, and Infrequently Traded Stocks
The Journal of Finance, Volume 51, Number 4, pp. 1405 - 1436
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.