Research Article
How Investor Structure Influences the Yield, Information Dissemination Efficiency, and Liquidity
Table 3
Statistical results in each experimental group.
| Experimental group | Proportion of informed traders | MAE | Turnover rate of limit order |
| 1 | 1/6 | 8.64 | 30.67% | 2 | 1/3 | 6.06 | 20.45% | 3 | 1/2 | 2.85 | 32.06% | 4 | 2/3 | 12.95 | 12.94% | 5 | 5/6 | 16.43 | 12.40% |
|
|