Discrete Information Acquisition in Financial Markets

We study investors’ information acquisition strategies under arbitrary and discrete sets of information precision and derive conditions for the existence of equilibria. When investors face information choice from general precision sets, despite their homogeneity, the information market can exhibit a...

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Bibliographic Details
Main Authors: Jingrui Pan, Shancun Liu, Qiang Zhang, Yaodong Yang
Format: Article
Language:English
Published: MDPI AG 2025-02-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/13/4/666
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