Sciubba, Emanuela - In: Economic Theory 25 (2005) 2, pp. 353-379
In the evolutionary setting for a financial market developed by Blume and Easley (1992), we consider an infinitely repeated version of a model á la Grossman and Stiglitz (1980) with asymmetrically informed traders. Informed traders observe the realisation of a payoff relevant signal before...
