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Existence of linear equilibria in the Kyle model with partial correlation and two risk neutral traders
We study a generalization of the static model of [11] with two risk neutral insiders to the case where each insider is partially informed about the value of the stock. First, we provide a necessary and sufficient condition for the uniqueness of the linear Bayesian equilibrium. Specifically, we show...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier
2023
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10336505/ https://www.ncbi.nlm.nih.gov/pubmed/37449171 http://dx.doi.org/10.1016/j.heliyon.2023.e17574 |