Models of information aggregation in financial markets: a review |
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| Authors: | Michel Habib Narayan Naik |
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| Institution: | London Business School , Regents Park, London, NW1 4SA, UKSussex Place |
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| Abstract: | This article reviews static and dynamic models of information aggregation in the literature. It highlights the key assumptions these models make, the results they obtain and the issues that still need to be explored to further our understanding of information aggregation in financial markets. |
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| Keywords: | rational expectations equilibrium incomplete markets |
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