, the success of "eductive" expectational coordination relates with low supply elasticity, high demand elasticity, and high …

to explain risky assets demand. Like theoretical models predict, we observe a negative impact of liquidity constraints on …

A simple model with asymmetric information, in which inventory holders or traders submit demand curves to an auctioneer … "amplification", whose product should be small enough. The property obtains whenever the equilibrium excess demand is steep enough, i …,e, when the search for information does not distort demand too much. Neither the influence of the number of informed agents …