Equilibrium with Heterogenous Information
Abstract
We consider the equilibrium problem in the presence of information asymmetry. There are three investor types: informed, who initially see a noisy version of the terminal asset value; uninformed who see no signal; and noise,... [ view full abstract ]
Authors
- Scott Robertson (Boston University, Questrom School of Business)
- Marcel Rindisbacher (Boston University, Questrom School of Business)
- Jerome Detemple (Boston University, Questrom School of Business)
Topic Areas
Equilibrium Models , Information Models , Utility Theory
Session
TU-A-UI » Equilibria: Heterogenous Preferences & Information, Learning & Reference Dependence (11:30 - Tuesday, 17th July, Ui Chadhain)
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