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Modelling the impacts of market activity on bid-ask spreads in the option market

Young-Hye, Cho; Engle, Robert F. - 1998

Persistent link: https://www.econbiz.de/10001366194

Insider Trading with Non-Fiduciary Market Makers

Aase, Knut K. - 2016

The single auction equilibrium of Kyle's (1985) is studied, in which market makers are not fiduciaries. They have some market power which they utilize to set the price to their advantage, resulting in positive expected profits. This has several implications for the equilibrium, the most...

Persistent link: https://www.econbiz.de/10012991637

Modeling the Impacts of Market Activity on Bid-Ask Spreads in the Option Market

Cho, Young-Hye - 1999

using transactions data. We propose a new market microstructure theory which we call derivative hedge theory, in which … volume as a measure of liquidity and supports the derivative hedge theory. Option market spreads are positively related to … spreads in the underlying market, again supporting our theory. However, option market duration does affect option market …

Persistent link: https://www.econbiz.de/10012471453

Trade between rational agents as a result of asymmetric information

Halevy, Yoram - 1998

Persistent link: https://www.econbiz.de/10000990443

Optimal nonlinear pricing by a monopolist with information ambiguity

Zheng, Mingli; Wang, Chong; Li, Chaozheng - In: International journal of industrial organization 40 (2015), pp. 60-66

Persistent link: https://www.econbiz.de/10011487382

Evidence suppression by prosecutors : violations of the Brady rule

Daughety, Andrew F.; Reinganum, Jennifer Freidel - In: The journal of law, economics, & organization 34 (2018) 3, pp. 475-510

Persistent link: https://www.econbiz.de/10011975178

Evidence Suppression by Prosecutors : Violations of the Brady Rule

Daughety, Andrew F. - 2018

We develop a model of individual prosecutors (and teams of prosecutors) to address the incentives for the suppression of exculpatory evidence. Our model assumes that each individual prosecutor trades off a desire for career advancement (by winning a case) and a disutility for knowingly...

Persistent link: https://www.econbiz.de/10012919770

Less is more : a theory of minimalist luxury

Liu, Zhenqi; Yildirim, Pinar; Zhang, Z. John - In: Journal of economics & management strategy : JEMS 33 (2024) 1, pp. 78-110

Persistent link: https://www.econbiz.de/10014442409

Probability logic for type spaces

Heifetz, Aviad; Mongin, Philippe - In: Games and economic behavior 35 (2001) 1/2, pp. 31-53

Persistent link: https://www.econbiz.de/10001583407

An infinitary probability logic for type spaces

Meier, Martin - 2001

Persistent link: https://www.econbiz.de/10001650585