Hardening Soft Information: Evidence on Analyst Integration Costs
arXiv:2505.12269v4 Announce Type: replace-cross Abstract: We examine how the cost of transforming qualitative information into precise numerical estimates--a form of integration cost--creates a structural friction in expectations formation. To…
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Published4 h ago (Fri, 02 Oct 2026 04:00:00 GMT)
RetrievedFri, 02 Oct 2026 07:00:28 GMT via rss
ClassifiedFri, 02 Oct 2026 07:00:40 GMT by heuristic
AuthorKerry Xiao, Amy Zang