functioning and efficiency of financial markets. In this paper, we develop a general equilibrium theory to study the … distributional effects of asset ownership for price informativeness when investors (oligopolists) have price impact and can learn … about individual assets' payoffs. We find that price informativeness is non-monotonic in the oligopolists' aggregate size …

information passthrough channel, which we show is the quantitatively largest of the three. We find that price informativeness is …

Price management is one of the most central and sensitive elements of the process of managing a successful brand. Even … a small change in price can have a disproportionate change in profitability, thereby increasing the importance of …