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Asymmetric Information,Heterogeneous Prior Beliefs and Market Regulation |
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| Authors: | Liu Hong Jiang Ying Zhang Huai-nian |
| Affiliation: | 1.KLAS and School of Mathematics and Statistics, Northeast Normal University, Changchun, 130024, China ;2.Department of Mathematics and Physics, Beijing Institute of Petrochemical Technology, Beijing, 102617, China ; |
| Abstract: | Acta Mathematicae Applicatae Sinica, English Series - This paper studies the trading behavior of an irrational insider and its influence on the market equilibrium in the presence of market... |
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