Jump to ContentJump to Main Navigation

You are looking at 1-1 of 1 items

  • Keywords: posterior beliefs x
Clear All Modify Search

View:

Information Percolation in OTC Markets

Darrell Duffie

in Dark Markets: Asset Pricing and Information Transmission in Over-the-Counter Markets

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691138961
eISBN:
9781400840519
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691138961.003.0005
Subject:
Economics and Finance, Financial Economics

This chapter describes a simple model of the “percolation” of information of common interest through an over-the-counter market with many agents. It also includes an explicit solution for the ... More


View: