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The Paul Woolley Centre for the Study of Capital Market Dysfunctionality
Financial Markets Group
London School of Economics
London WC2A 2AE, UK
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Buttonwood columnist refers to a paper by Dimitri Vayanos and Paul Woolley "An Institutional Theory of Momentum and Reversal"
The Economist, November 22 2008
The big mo
Why do share prices move relentlessly in one direction?