Information acquisition and welfare effect in a model of competitive financial markets
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Publication:372365
DOI10.1007/s00199-012-0711-5zbMath1386.91089MaRDI QIDQ372365
Publication date: 7 October 2013
Published in: Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1007/s00199-012-0711-5
Pareto optimality; information acquisition; market efficiency; fully revealing REE; Grossman paradox
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