Blar i Scientific articles på tidsskrift "Journal of Economic Theory"
Viser treff 1-6 av 6
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Complete and incomplete financial markets in multi-good economies
(Journal article; Peer reviewed, 2015)We investigate conditions for endogenous incompleteness and completeness in continuoustime nancial markets driven by di usion processes with multiple consumption goods and heterogeneous agents. We show that for a class ... -
Information and coordination frictions in experimental posted offer markets
(Journal article; Peer reviewed, 2017)We experimentally investigate buyer and seller behavior in small markets with two kinds of frictions. First, a subset of buyers may have (severely) limited information about prices, and choose a seller at random. Second, ... -
Information quality and crises in regime-change games
(Journal article; Peer reviewed, 2015)When crises potentially originate from coordination failures, does a deterioration in the quality of the information available to market participants contribute towards instability? We address this question in a general ... -
Learning about analysts
(Peer reviewed; Journal article, 2019)We examine an analyst with career concerns making cheap talk recommendations to a sequence of traders, each of whom possesses private information concerning the analyst's ability. The recommendations of the analyst influence ... -
Productivity spillovers through labor mobility in search equilibrium
(Journal article; Peer reviewed, 2017)This paper proposes an explicit model of spillovers through labor flows in a framework with search frictions. Firms can choose to innovate or to imitate by hiring a worker from a firm that has already innovated. We show ... -
Testing, Disclosure and Approval
(Journal article; Peer reviewed, 2020)Certifiers often base their decisions on a mixture of information, some of which is voluntarily disclosed by applicants, and some of which they acquire by way of tests or otherwise. We study the interplay between the ...