The negative value of private information in illiquid markets
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Publication:6166483
Recommendations
- The time cost of information in financial markets
- Public information and uninformed trading: implications for market liquidity and price efficiency
- On the negative value of information in informationally inefficient markets: Calculations for large number of traders
- Information linkages in a financial market with imperfect competition
- Information and strategic behavior
Cites work
- Aggregation of Information in Large Cournot Markets
- Competitive rational expectations equilibria without apology
- Continuous Auctions and Insider Trading
- Information Acquisition in Auctions
- Information Acquisition in a Noisy Rational Expectations Economy
- Information Markets and the Comovement of Asset Prices
- Informed Speculation with Imperfect Competition
- Knowing What Others Know: Coordination Motives in Information Acquisition
- Optimal information acquisition for heterogeneous duopoly firms
- Optimal research for Cournot oligopolists
- Secret information acquisition in Cournot markets
- Strategic supply function competition with private information
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