Price inference in small markets

DOI10.3982/ECTA9573MaRDI QIDQ2859068zbMATH OpenOpenAlexFDO

Authors Marzena Rostek, Marek Weretka

Publication date 6 November 2013

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta9573

zbMATH Keywords

information aggregationdouble auctioncommonalitydivisible good auctionheterogeneous correlations

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Microeconomic theory (price theory and economic markets) (91B24) Economics of information (91B44)

Recommendations

• Firm size, information acquisition and price efficiency
• Strategic trading in informationally complex environments
• Information aggregation in competitive markets
• Convergence to Efficiency in a Simple Market with Incomplete Information
• scientific article; zbMATH DE number 2209547

Cited in

(37)

• Dampening effect and market efficiency
• Informed speculation with k-level reasoning
• The Durability of Information, Market Efficiency and the Size of Firms
• Inference from Auction Prices
• Firm size, information acquisition and price efficiency
• Information aggregation in a financial market with general signal structure
• Market making with asymmetric information and inventory risk
• On the functional equivalence of two perfectly competitive economies with negative exponential utility and linear utility with a quadratic holding cost
• Efficiency in trading markets with multi-dimensional signals
• Information acquisition with heterogeneous valuations
• Aggregation and design of information in asset markets with adverse selection
• Learning to coordinate in social networks
• AHEAD: \textit{ad hoc} electronic auction design
• The distribution of information and the price efficiency of markets
• Information linkages in a financial market with imperfect competition
• A new approach to the existence and regularity of linear equilibrium in a noisy rational expectations economy
• Information frictions and market power: a laboratory study
• Markets for financial innovation
• Information and strategic behavior
• Information, coordination, and market frictions: an introduction
• Market composition and price informativeness in a large market with endogenous order types
• Informational efficiency: Ranking markets
• Interconnected pay-as-bid auctions
• The pricing effects of ambiguous private information
• Information, market power and welfare
• COMPETITIVE MARKET BEHAVIOR: CONVERGENCE AND ASYMMETRY IN THE EXPERIMENTAL DOUBLE AUCTION
• Snowballing private information
• Information acquisition, price informativeness, and welfare
• Strategic trading in informationally complex environments
• Bilateral trading in divisible double auctions
• No-arbitrage, state prices and trade in thin financial markets
• A small model of market behavior
• Price instability in multi-unit auctions
• Competition in schedules with cursed traders
• Information spillover in markets with heterogeneous traders
• The effect of market power on risk-sharing
• Endogenous market power

This page was built for publication: Price inference in small markets

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2859068)