The tradeoff between risk sharing and information production in financial markets
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Publication:848610
DOI10.1016/j.jet.2008.03.009zbMath1202.91101OpenAlexW2164870359MaRDI QIDQ848610
Publication date: 4 March 2010
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2008.03.009
learningasymmetric informationnon-expected utilityrisk sharingKreps-Porteus preferencesinformation choiceshareholder base expansion
Microeconomic theory (price theory and economic markets) (91B24) Economics of information (91B44) Actuarial science and mathematical finance (91G99)
Related Items (2)
Market composition and price informativeness in a large market with endogenous order types ⋮ Should we regulate financial information?
Cites Work
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- Discounted linear exponential quadratic Gaussian control
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- Information Markets and the Comovement of Asset Prices
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