搜索结果: 1-3 共查到“应用经济学 Private Information”相关记录3条 . 查询时间(0.046 秒)
Asset Pricing Implications of Pareto Optimality with Private Information
Private Information Pareto Optimality
2015/7/23
We compare the empirical performance of a standard incomplete
markets asset pricing model with that of a novel model with constrained Pareto-optimal allocations. We represent the models’ stochastic d...
Private Information in an Auction‑Like Securities Market
Private Information Auction Securities Market
2015/7/21
Private Information in an Auction‑Like Securities Market.
Decentralized Trading with Private Information
Decentralized Trading Private Information asset prices
2014/3/18
The paper studies how asset prices are determined in a decentralized market with asymmetric information about the assets' value. We consider an economy in which a large number of agents trade two asse...