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

DOI10.1111/J.1467-937X.2006.378_1.XzbMATH Open1094.91022OpenAlexW3021990393MaRDI QIDQ5474459FDOQ5474459

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

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Mathematics Subject Classification ID

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

Cited In (8)

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

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