Efficient dark markets

DOI10.1007/S00199-014-0851-XMaRDI QIDQ2354548zbMATH OpenOpenAlexFDO

Authors Romans Pancs

Publication date 20 July 2015

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-014-0851-x

zbMATH Keywords

dark marketsefficiencyinformation disclosurestability

Mathematics Subject Classification ID

Multistage and repeated games (91A20) Auctions, bargaining, bidding and selling, and other market models (91B26)

Recommendations

• Optimal trading mechanisms with ex ante unidentified traders
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Cites work

• Aggregation and Linearity in the Provision of Intertemporal Incentives
• Dissolving a Partnership Efficiently
• Efficiency in games with Markovian private information
• Full Extraction of the Surplus in Bayesian and Dominant Strategy Auctions
• Game theory
• Inducing agents to report hidden trades: a theory of an intermediary
• Information and Timing in Repeated Partnerships
• Multistage Games with Communication
• Optimal Auction Design
• Optimal coordination mechanisms in generalized principal-agent problems
• Posterior implementation vs ex-post implementation
• Revealing information in auctions: the allocation effect
• The tight constant in the Dvoretzky-Kiefer-Wolfowitz inequality
• Why banks should keep secrets

Cited in

(7)

• Limelight on dark markets: theory and experimental evidence on liquidity and information
• Endogenous formation of security exchanges
• Publicly verifiable and secrecy preserving periodic auctions
• Augmenting markets with mechanisms
• Forbidden Transactions and Black Markets
• Kicking-the-bucket: fast privacy-preserving trading using buckets
• Verifiable disclosure

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