Suchergebnisse

Whatever happened to pragmatism + reflections -- Pragmatic inquiry and the "go" of truth -- Epistemology : inquiry or knowledge -- Pragmatic inquiry and knowledge -- I'm going to make you a star -- Starting from scratch : making worlds -- The power of pictures -- Creating art, creating reality : a Wild(e) view of art -- The facts about facts -- Pragmatic constructivism : values, norms, and obligations -- Veridicality in Berkeley's theory of vision -- Pluralist perspectives on perceptual error -- Perceptual veridicality.

This commentary is on a paper published in 2010. Few would wish to roll the markets back to where they were eight years ago, but have the issues that were debated then been adequately resolved? Are today's markets acceptably efficient? Can we relax about market quality? My answer to each of these is "no." What I wrote in 2010, I stand by now. Along with revisiting my previous discussion on dark pools, fragmentation, price discovery, and liquidity, this commentary presents my newer thoughts concerning the definition of the term "liquidity," and the existence of an illiquidity premium.

This commentary is on a paper published in 2010. Few would wish to roll the markets back to where they were eight years ago, but have the issues that were debated then been adequately resolved? Are today's markets acceptably efficient? Can we relax about market quality? My answer to each of these is "no." What I wrote in 2010, I stand by now. Along with revisiting my previous discussion on dark pools, fragmentation, price discovery, and liquidity, this commentary presents my newer thoughts concerning the definition of the term "liquidity," and the existence of an illiquidity premium.