Three essays on finance
In essay one, we present a theory of endogenous coalition formation in financial markets, which highlights the information sharing and market competition features of coalitions. Allied members enjoy benefits of information advantage and monopolistic power in trading, but forming coalitions incurs di...
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| Format: | Thesis |
| Language: | English |
| Published: |
2016
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| Online Access: | https://hdl.handle.net/10356/69239 |