Trading dynamics in decentralized markets with adverse selection

DOI10.1016/j.jet.2014.07.013zbMath1309.91058MaRDI QIDQ406419

Benjamin Lester, Braz Camargo

Publication date: 8 September 2014

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

Full work available at URL: https://economicdynamics.org/meetpapers/2010/paper_488.pdf

zbMATH Keywords

adverse selection; liquidity; decentralized trade; market freeze and recovery

Mathematics Subject Classification ID

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

91B44: Economics of information

Related Items

Market-making with search and information frictions, Government interventions in a dynamic market with adverse selection, Liquidity misallocation in an over-the-counter market, Frictional asset reallocation under adverse selection, Imperfect information transmission and adverse selection in asset markets, Undefeated equilibria of the Shi-Trejos-Wright model under adverse selection, Mandatory disclosure and financial contagion, Insider trading with penalties, Liquidity and private information in asset markets: to signal or not to signal, Constrained efficiency with adverse selection and directed search, Comparative impatience under random discounting, Information about sellers' past behavior in the market for lemons, A dynamic theory of bank lending, firm entry, and investment fluctuations, Signaling in dynamic markets with adverse selection, Bargaining in small dynamic markets

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