Optimal disclosure policy and undue diligence

DOI10.1016/j.jet.2013.02.003zbMath1292.91199OpenAlexW3125031285MaRDI QIDQ2434343

Christopher J. Waller, David Andolfatto, Aleksander Berentsen

Publication date: 5 February 2014

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

Full work available at URL: http://research.stlouisfed.org/wp/2012/2012-001.pdf

zbMATH Keywords

intertemporal tradelimited commitmentrisk-sharingdisclosure policyundue diligence

Mathematics Subject Classification ID

Economics of information (91B44) Corporate finance (dividends, real options, etc.) (91G50) Actuarial science and mathematical finance (91G99)

Related Items

Stress tests and information disclosure ⋮ The value of information in risk-sharing environments with unawareness ⋮ Introduction to financial economics ⋮ Imperfect information transmission and adverse selection in asset markets ⋮ Adverse selection and costly information acquisition in asset markets ⋮ A model of secular migration from centralized to decentralized trade

Cites Work

• Money and capital as competing media of exchange
• Collateral secured loans in a monetary economy
• Incomplete markets, allocative efficiency, and the information revealed by prices
• Money and Information