Asset market equilibrium with short-selling and differential information

Wassim Daher, V. Filipe Martins-da-Rocha and Yiannis Vailakis

Cahiers de la Maison des Sciences Economiques from Université Panthéon-Sorbonne (Paris 1)

Abstract: We introduce differential information in the asset market model studied by Cheng (1991), Dana and Le Van (1996)and Le Van and Truong Xuan (2001). An equilibrium existence result is proven assuming that the economy's information structure satisfies the conditional independency property

Keywords: Asset market; differential information; competitive equilibrium (search for similar items in EconPapers)
JEL-codes: C61 C62 D51 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2005-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Published in Economic Theory, 2007, (32) pp.425-446

Downloads: (external link)
https://halshs.archives-ouvertes.fr/halshs-00173787 (application/pdf)
https://doi.org/10.1007/s00199-006-0131-5

Related works:
Journal Article: Asset market equilibrium with short-selling and differential information (2007)
Working Paper: Asset market equilibrium with short-selling and differential information (2005)
Working Paper: Asset market equilibrium with short-selling and differential information (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:mse:wpsorb:b05098

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