Bid-Ask Price Competition with Asymmetric Information between Market-Makers

DOI10.1111/J.1467-937X.2006.378_1.XMaRDI QIDQ5474459zbMATH OpenOpenAlexFDO

Authors Riccardo Calcagno, Stefano Lovo

Publication date 26 June 2006

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/j.1467-937x.2006.378_1.x

Mathematics Subject Classification ID

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

Recommendations

• Asymmetric information in a competitive market game: Reexamining the implications of rational expectations
• Competitive market equilibrium under asymmetric information
• scientific article; zbMATH DE number 852299
• How equilibrium prices reveal information in a time series model with disparately informed, competitive traders
• Market making with asymmetric information and inventory risk

Cited in

(8)

• Price dynamics on a stock market with asymmetric information
• Market-making strategy with asymmetric information and regime-switching
• Dynamic price discovery: transparency vs. information design
• Market making with asymmetric information and inventory risk
• Sequential bargaining with common values
• Price manipulation, dynamic informed trading, and the uniqueness of equilibrium in sequential trading
• Analyzing online B2B exchange markets: asymmetric cost and incomplete information
• Price setting of market makers: a filtering problem with endogenous filtration

This page was built for publication: Bid-Ask Price Competition with Asymmetric Information between Market-Makers

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5474459)