Trading dynamics in decentralized markets with adverse selection

DOI10.1016/j.jet.2014.07.013zbMath1309.91058OpenAlexW2063125501MaRDI 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 selectionliquiditydecentralized trademarket freeze and recovery

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economics of information (91B44)

Related Items

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

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