Equilibrium valuation of illiquid assets

DOI10.1007/PL00004214MaRDI QIDQ5960800zbMATH OpenOpenAlexFDO

Authors John Krainer, Stephen F. LeRoy

Publication date 6 November 2002

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/pl00004214

zbMATH Keywords

asset pricinghousing pricesilliquiditysearch

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(6)

• Valuation equilibrium with clubs
• Existence of independent random matching
• The exact law of large numbers for independent random matching
• The Expected Illiquidity Premium: Evidence from Equity Index-Linked Bonds *
• Control function quantile hedonic pricing
• Liquidity and liquidation

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