Information and learning in markets : the impact of market microstructure /
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set. This graduate-level textbook analyzes how markets aggregate information and examines the impacts of specific marke...
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| Format: | Licensed eBooks |
| Language: | English |
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Princeton :
Princeton University Press,
©2008.
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| Online Access: | https://www.jstor.org/stable/10.2307/j.ctt7tc3b |
Table of Contents:
- Aggregation of information in simple market mechanisms : large markets
- Aggregation of information in simple market mechanisms : how large is large?
- Rational expectations and supply function competition
- Rational expectations and market microstructure in financial markets
- Strategic traders in financial markets
- Learning from others and herding
- Dynamic information aggregation
- Dynamic rational expectations models in competitive financial markets
- Price and information dynamics in financial markets
- Technical appendix.