@article{1dd5608452ab4c3db82fa2eef1f5ff89,
title = "Revisiting advance disclosure of insider trading",
abstract = "We derive a parametric restriction necessary and sufficient for an equilibrium to exist in the model of Lenkey (2014). Given this restriction, the equilibrium is unique, correcting findings in the original article that multiple equilibria may exist with advance disclosure.",
author = "Zhenyu Cui and Jun Deng and Lenkey, {Stephen L.}",
note = "Funding Information: The research of Jun Deng was supported by the National Natural Science Foundation of China [ 11501105 ]; and UIBE, China Research Funding [ 302/871703 ]. We thank the Editor and an anonymous referee for insightful comments. We also thank Liyan Yang and Huifeng Pan for discussions and suggestions and Zhiyong Li for providing excellent research assistance. Publisher Copyright: {\textcopyright} 2019 Elsevier B.V.",
year = "2019",
month = sep,
doi = "10.1016/j.econlet.2019.06.004",
language = "English (US)",
volume = "182",
pages = "78--81",
journal = "Economics Letters",
issn = "0165-1765",
publisher = "Elsevier",
}