Seminar 217, Risk Management: The Implication of Information Network in Market Quality and Market Reaction to Public Announcements

Risk Seminar
Apr 30, 2019 11:00am to 12:30pm
Location: 
1011 Evans Hall
Status: 
Happening As Scheduled
This research studies the role of information network in market quality and market reaction to public announcements. We propose in this article a three-period rational noisy expected equilibrium model by taking both public and private information into account with an embedded information network structure among market traders. Closed form expressions for market reaction and market quality are...
Speakers: Senyang Zhao, SWUFE (Speaker - Featured)