Private information and sunspots in sequential asset markets

DOI10.1016/J.JET.2014.12.003zbMath1330.91123OpenAlexW2165608586MaRDI QIDQ896965

Jess Benhabib, Peng-fei Wang

Publication date: 15 December 2015

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

Full work available at URL: https://doi.org/10.1016/j.jet.2014.12.003

zbMATH Keywords

sunspotsGrossman-Stiglitz paradox

Mathematics Subject Classification ID

Economics of information (91B44)

Related Items (2)

Public disclosure and private information acquisition: a global game approach ⋮ Information, coordination, and market frictions: an introduction

Cites Work

• Correlated equilibria and sunspots
• A battle of informed traders and the market game foundations for rational expectations equilibrium
• Sentiments
• Correlated Equilibrium as an Expression of Bayesian Rationality
• On the Possibility of Speculation under Rational Expectations
• Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
• Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
• Churning Bubbles
• Sentiments and Aggregate Demand Fluctuations
• Decentralized Trading With Private Information
• Information Markets and the Comovement of Asset Prices

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