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Consider the Fishman and Hagerty (RFS 1995) model. By means of examples, please explain why the insider, when informed, would generally prefer not to disclose

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Consider the Fishman and Hagerty (RFS 1995) model. By means of examples, please explain why the insider, when informed, would generally prefer not to disclose his trades. Consider the Fishman and Hagerty (RFS 1995) model. By means of examples, please explain why the insider, when informed, would generally prefer not to disclose his trades

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