Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055452 | Economic Modelling | 2011 | 7 Pages |
Abstract
⺠The impact of public information and shared information is studied. ⺠A unique linear Nash equilibrium is found. ⺠Public information harms the insider but benefits the outsiders and noise traders.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Hong Liu, Zhixiang Zhang,