Asset bundling and information acquisition of investors with different expertise

DOI10.1016/j.jet.2018.02.003zbMath1422.91688OpenAlexW2765704788MaRDI QIDQ1753702

Liang Dai

Publication date: 29 May 2018

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2018.02.003

zbMATH Keywords

securitizationendogenous information acquisitionasset bundlingconglomerate formationheterogeneous learning expertise

Mathematics Subject Classification ID

Derivative securities (option pricing, hedging, etc.) (91G20) Economics of information (91B44) Portfolio theory (91G10)

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Public disclosure and private information acquisition: a global game approach, Pricing Strategies of Unbundling and Mixed-Bundling in a Two-Sided Market Under Stochastic Demand, On equilibrium existence in a finite-agent, multi-asset noisy rational expectations economy

Cites Work

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• A Noisy Rational Expectations Equilibrium for Multi-Asset Securities Markets
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• A Liquidity-based Model of Security Design