De Meyer, B.; Moussa Saley, H. - Center for Operations Research and Econometrics (CORE), … - 2000
This paper is concerned with the stategic use of a private information on the stock market. A repeated auction model is … used to analyze the evolution of the price system on a market with asymmetric information. The model turns out to be a zero …-sum repeated game with one-sided information, as introduced by Aumann and Maschler. …