Information and Learning in Markets

By Xavier Vives. 2007

144 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/35397060cb1136992576d3cdf8d146cce4d3c1af

Citations in the corpus

• Public and Private Learning from Prices, Strategic Substitutability and Complementarity, and Equilibrium Multiplicity (2011, unknown): “In real markets, investors typically have not only information 8We adopt the convention that the Strong Law of Large Numbers holds (see the thecnical appendix in Vives (2008)).”
• Policy with Dispersed Information (2007, unknown): “Solving (33) and (34) for ki and K then gives K = κ0 + (κ1 +κ2)θ(1) and ki = K +κ1(Eiθi−Eiθ̄) = κ0 + κ1Eiθi + κ2Eiθ̄.”