Corsetti, Dasgupta, Morris, and Shin (2004, RES) demonstrate that the presence of the large speculator can cause the remaining traders to be more aggressive in

This paper studies the implications of the presence of a large speculator such as George Soros during a contagious currency crisis. The model shows that the pre

As the complexity of financial markets keeps growing, so does the need to understand the decision-making and the coordination of the exsuing actions in the mark