EconBiz - Find Economic Literature
    • Logout
    • Change account settings
  • A-Z
  • Beta
  • About EconBiz
  • News
  • Thesaurus (STW)
  • Academic Skills
  • Help
  •  My account 
    • Logout
    • Change account settings
  • Login
EconBiz - Find Economic Literature
Publications Events
Search options
Advanced Search history
My EconBiz
Favorites Loans Reservations Fines
    You are here:
  • Home
  • Search: subject:"welfare covariance matrices"
Narrow search

Narrow search

Year of publication
Subject
All
Liquidity 1 market makers 1 welfare covariance matrices 1
Online availability
All
Free 1
Type of publication
All
Book / Working Paper 1
Type of publication (narrower categories)
All
Working Paper 1
Language
All
English 1
Author
All
Capponi, Agostino 1 Menkveld, Albert J. 1 Zhang, Hongzhong 1
Published in...
All
Tinbergen Institute Discussion Paper 1
Source
All
EconStor 1
Showing 1 - 1 of 1
Cover Image
Large Orders in Small Markets: Execution with Endogenous Liquidity Supply
Capponi, Agostino; Menkveld, Albert J.; Zhang, Hongzhong - 2023
We model the execution of large uninformed sell orders in the presence of strategic competitive market makers. We solve for the unique symmetric equilibrium of the model in closed-form. Our equilibrium findings provide a rationale for the empirically observed patterns of (i) short orders...
Persistent link: https://www.econbiz.de/10014321813
Saved in:
A service of the
zbw
  • Sitemap
  • Plain language
  • Accessibility
  • Contact us
  • Imprint
  • Privacy

Loading...