Information and learning in markets : the impact of market microstructure /
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set. This graduate-level textbook analyzes how markets aggregate information and examines the impacts of specific marke...
| Основен автор: | Vives, Xavier. |
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| Формат: | Електронна книга |
| Език: | English |
| Публикувано: |
Princeton :
Princeton University Press,
℗♭2008.
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| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=305773 |
| Подобни документи: |
Print version::
Information and learning in markets. |
| Резюме: |
The ways financial analysts, traders, and other specialists use information and learn from each other are of fundamental importance to understanding how markets work and prices are set. This graduate-level textbook analyzes how markets aggregate information and examines the impacts of specific market arrangements--or microstructure--on the aggregation process and overall performance of financial markets. Xavier Vives bridges the gap between the two primary views of markets--informational efficiency and herding--and uses a coherent game-theoretic framework to bring together the latest results f. |
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| Физически характеристики: |
1 online resource (xii, 406 pages) : illustrations |
| Библиография: |
Includes bibliographical references and index. |
| ISBN: |
9781400829507 140082950X 128245840X 9781282458406 |