Liquidity as Social Expertise

Pablo Kurlat ()

No 520, 2014 Meeting Papers from Society for Economic Dynamics

Abstract: I study a model of trading where publicly available information about assets has an unknown joint distribution with the quality of the underlying asset. Efficiency losses are a function of how well traders know this joint distribution, which can vary endogenous are traders learn from past trades.

Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Liquidity as Social Expertise (2018)
Working Paper: Liquidity as Social Expertise (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed014:520

Access Statistics for this paper

More papers in 2014 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().