How Does Benchmarking Affect Market Efficiency? The Role of Learning Technology

How Does Benchmarking Affect Market Efficiency? The Role of Learning Technology

We study how asset managers' benchmarking affects market efficiency under two learning technologies: separative and integrative. With integrative learning, investors process portfolio-wide signals, optimizing information allocation across assets instead of focusing on individual ones.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions