To pool or not to pool? : security design in OTC markets
Year of publication: |
2022
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Authors: | Glode, Vincent ; Opp, Christian ; Sverchkov, Ruslan |
Published in: |
Journal of financial economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-405X, ZDB-ID 187118-3. - Vol. 145.2022, 2,2, p. 508-526
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Subject: | Adverse selection | Decentralized markets | Imperfect competition | Pooling | Theorie | Theory | Adverse Selektion | Unvollkommener Wettbewerb | OTC-Handel | OTC market | Unvollkommener Markt | Incomplete market | Asymmetrische Information | Asymmetric information |
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