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differentiation. For instance, there are useful rules in general non-discrimination law, and in the General Data Protection Regulation …
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repercussion on the whole economy which makes the market structure and competition in banking sector as a cynosure. In fact, in …
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We consider a simplified model of finance market where two players carry on direct multistage bidding with risky assets (shares). One of the players (the insider) is informed on the liquidation price of a share, the other player knows its probability distribution only. It is shown that the...
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