Blar i NHH Brage på emneord "strategic trade"

Viser treff 1-7 av 7

    • Insider trading with non-fiduciary market makers 

      Aase, Knut K.; Gjesdal, Frøystein (Discussion paper;8/16, Working paper, 2016-05-23)
      The single auction equilibrium of Kyle's (1985) is studied, in which market makers are not fiduciaries. They have some market power which they utilize to set the price to their advantage, resulting in positive expected ...

    • Insider trading with partially informed traders 

      Aase, Knut K.; Bjuland, Terje; Øksendal, Bernt (Discussion paper;2011:21, Working paper, 2011-11)
      The single auction equilibrium of Kyle's (1985) is studied, in which noise traders may be partially informed, or alternatively they can be manipulated. Unlike Kyle's assumption that the quantity traded by the noise ...

    • Strategic insider trading equilibrium : a filter theory approach 

      Aase, Knut K.; Bjuland, Terje; Øksendal, Bernt (Discussion paper, Working paper, 2010-08)
      The continuous-time version of Kyle's (1985) model of asset pricing with asymmetric information is studied, and generalized in various directions, i.e., by allowing time-varying liquidity trading, and by having weaker ...

    • Strategic insider trading equilibrium : a forward integration approach 

      Aase, Knut K.; Bjuland, Terje; Øksendal, Bernt (Discussion paper, Working paper, 2007-11)
      The continuous-time version of Kyle’s (1985) model of asset pricing with asymmetric information is studied, and generalized in various directions, i.e., by allowing time-varying noise trading, and by allowing the orders ...

    • Strategic Insider Trading Equilibrium with a non-fiduciary market maker 

      Aase, Knut K.; Øksendal, Bernt (Discussion paper;2/19, Working paper, 2019-08-28)
      The continuous-time version of Kyle's (1985) model is studied, in which market makers are not fiduciaries. They have some market power which they utilize to set the price to their advantage, resulting in positive expected ...

    • Strategic insider trading equilibrium: A filter theory approach 

      Aase, Knut K.; Bjuland, Terje; Øksendal, Bernt (Journal article; Peer reviewed, 2012)
      The continuous-time version of Kyle’s (Econometrica 53(6):1315–1336, 1985 ) model of asset pricing with asymmetric information is studied, and generalized in various directions, i.e., by allowing time-varying liquidity ...

    • Strategic Insider Trading in Continuous Time: A New Approach 

      Aase, Knut K.; Øksendal, Bernt (Discussion paper;3/19, Working paper, 2019-08-29)
      The continuous-time version of Kyle's (1985) model of asset pricing with asymmetric information is studied, and generalized by allowing time-varying noise trading. From rather simple assumptions we are able to derive the ...