Privileged information exacerbates market volatility
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- Gabriel Desgranges & Stéphane Gauthier, 2011. "Privileged information exacerbates market volatility," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00639813, HAL.
- Gabriel Desgranges & Stéphane Gauthier, 2011. "Privileged Information Exacerbates Market Volatility," Working Papers 2011-14, Center for Research in Economics and Statistics.
- Gabriel Desgranges & Stéphane Gauthier, 2011. "Privileged information exacerbates market volatility," Post-Print halshs-00639813, HAL.
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More about this item
Keywords
Asymmetric information; common knowledge; eductive learning; rational expectations; rationalizability; volatility;All these keywords.
JEL classification:
- C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2011-11-14 (Contract Theory and Applications)
- NEP-FOR-2011-11-14 (Forecasting)
- NEP-MIC-2011-11-14 (Microeconomics)
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