Transmission and Production of Information in Imperfectly Competitive Financial Markets

Jordi Caballé

doi:https://doi.org/10.1016/0148-6195(93)90038-P

Transmission and Production of Information in Imperfectly Competitive Financial Markets

Jordi Caballé

Research output: Contribution to journal › Article › Research

3 Citations (Scopus)

Abstract

This paper studies the problem of information sharing among insiders in a financial
market with traders who are not price takers, but act strategically. The different
types of associations are ranked from the viewpoint of insiders' profits. As a
byproduct, I also consider the decision problem faced by a monopolistic producer
of information who is able to control the quality of the information he sells.

Original language	English
Pages (from-to)	409-419
Number of pages	11
Journal	Journal of Economics and Business
Volume	45
Issue number	5
DOIs	https://doi.org/10.1016/0148-6195(93)90038-P
Publication status	Published - Dec 1993

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https://doi.org/10.1016/0148-6195(93)90038-PLicence: C In Copyright

Competència imperfecta i mercats financers
Matutes Juan, C., Caballé, J., Martínez Giralt, X. & Masso Carreras, J.
1/01/90 → 31/12/93
Project: Research Projects and Other Grants

Cite this

@article{da074e7694ea4afbba4594168a4e9167,

title = "Transmission and Production of Information in Imperfectly Competitive Financial Markets",

abstract = "This paper studies the problem of information sharing among insiders in a financialmarket with traders who are not price takers, but act strategically. The differenttypes of associations are ranked from the viewpoint of insiders' profits. As abyproduct, I also consider the decision problem faced by a monopolistic producerof information who is able to control the quality of the information he sells.",

author = "Jordi Caball{\'e}",

note = "Financial support from the Graduate School of Arts and Sciences at the University of Pennsylvania, and the Spanish Ministry of Education through DGICYT Grant PB89-0075 is gratefully acknowledged.",

year = "1993",

month = dec,

doi = "https://doi.org/10.1016/0148-6195(93)90038-P",

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journal = "Journal of Economics and Business",

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AU - Caballé, Jordi

N1 - Financial support from the Graduate School of Arts and Sciences at the University of Pennsylvania, and the Spanish Ministry of Education through DGICYT Grant PB89-0075 is gratefully acknowledged.

PY - 1993/12

Y1 - 1993/12

N2 - This paper studies the problem of information sharing among insiders in a financialmarket with traders who are not price takers, but act strategically. The differenttypes of associations are ranked from the viewpoint of insiders' profits. As abyproduct, I also consider the decision problem faced by a monopolistic producerof information who is able to control the quality of the information he sells.

AB - This paper studies the problem of information sharing among insiders in a financialmarket with traders who are not price takers, but act strategically. The differenttypes of associations are ranked from the viewpoint of insiders' profits. As abyproduct, I also consider the decision problem faced by a monopolistic producerof information who is able to control the quality of the information he sells.

U2 - https://doi.org/10.1016/0148-6195(93)90038-P

DO - https://doi.org/10.1016/0148-6195(93)90038-P

M3 - Article

SN - 0148-6195

VL - 45

SP - 409

EP - 419

JO - Journal of Economics and Business

JF - Journal of Economics and Business

IS - 5

ER -

Transmission and Production of Information in Imperfectly Competitive Financial Markets

Abstract

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Projects

Competència imperfecta i mercats financers

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