TRANSMISSION AND PRODUCTION OF INFORMATION IN IMPERFECTLY COMPETITIVE FINANCIAL-MARKETS

被引：2
|
作者：
CABALLE, J
机构：
来源：
JOURNAL OF ECONOMICS AND BUSINESS | 1993年 / 45卷 / 05期
关键词：
D O I：
10.1016/0148-6195(93)90038-P
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper studies the problem of information sharing among insiders in a financial market with traders who are not price takers, but act strategically. The different types of associations are ranked from the viewpoint of insiders' profits. As a byproduct, I also consider the decision problem faced by a monopolistic producer of information who is able to control the quality of the information he sells.
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页码：409 / 419
页数：11
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