Competitive rational expectations equilibria without apology
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Cites work
- scientific article; zbMATH DE number 46153 (Why is no real title available?)
- A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets
- Competing Mechanisms in a Common Value Environment
- Convergence to Efficiency in a Simple Market with Incomplete Information
- Diversification and competition: Financial intermediation in a large Cournot-Walras economy
- Efficiency of Large Double Auctions
- Information Acquisition in a Noisy Rational Expectations Economy
- Informed Speculation with Imperfect Competition
- On the aggregation of information in competitive markets
- Public and private learning from prices, strategic substitutability and complementarity, and equilibrium multiplicity
- Rates of information aggregation in common value auctions
- Rational Expectations, Information Acquisition, and Competitive Bidding
- Strategic supply function competition with private information
- Toward a Strategic Foundation for Rational Expectations Equilibrium
Cited in
(27)- Informed speculation with k-level reasoning
- Introduction to financial economics
- The social value of information with an endogenous public signal
- Information aggregation in a financial market with general signal structure
- Information in Securities Markets: Kyle Meets Glosten and Milgrom
- Public information and uninformed trading: implications for market liquidity and price efficiency
- Informational smallness in rational expectations equilibria.
- Competitive equilibrium with intuitionistic agents
- Stock-based pay, liquidity, and the role of market making
- Statistical mechanics of asset markets with private information
- Large strategic dynamic interactions
- The revelation of information in strategic market games. A critique of rational expectations equilibrium
- Downsian competition when no policy is unbeatable
- Kyle v. Kyle ('85 v. '89)
- Informed Speculation with Imperfect Competition
- A necessary and sufficient condition for convergence of statistical to strategic equilibria of market games
- The asymptotics of price and strategy in the buyer's bid double auction
- Prospect theory and market quality
- Order-driven markets are almost competitive
- Partially-revealing rational expectations equilibrium in a competitive economy
- The negative value of private information in illiquid markets
- Information, market power and welfare
- A STRATEGIC ANALYSIS OF SPECULATIVE TRADE IN A TWO-SIDED ASSET MARKET WITH INFORMATION DIVERSITY
- Net trade and market efficiency in Grossman and Stiglitz (1980)
- A battle of informed traders and the market game foundations for rational expectations equilibrium
- Price discovery using a double auction
- Toward a Strategic Foundation for Rational Expectations Equilibrium
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