Archived / complete
Scheduled vs Surprise Information Shocks
A completed study of incremental information around the Ethereum Merge.
- Status
- Archived / complete
- Version
- Archived study
- Date
- 2026
- Authors
- Aryan Patel
Abstract
A bounded event study comparing scheduled and surprise information in the context of the Ethereum Merge, with the examined sample and event definition preserved as part of the record.
Research question
Did the examined event carry incremental information beyond what was already anticipated?
Methods
- Event-study design
- Scheduled-versus-surprise framing
- Robustness review
Data
Public event and market data for the examined sample.
Results
No incremental information effect was established in the examined sample. The null is sample-specific.
Limitations
The result is tied to the declared event, sample, window, and specification and should not be generalized beyond them.
- Code availability
- Archived research materials.
- Data availability
- Public sources.
- AI disclosure
- AI-assisted software supported literature retrieval, code generation, analysis, critique, and drafting. Deterministic systems produced and checked estimates. A human researcher retained responsibility for the question, design, interpretation, and release.
- Reproduction status
- Archived / complete.