CORDIS Project
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This project aims to enhance the understanding of decentralized trading systems where information is unevenly distributed among participants. By analyzing repeated trading scenarios, it seeks to improve market efficiency and inform the design of better trading mechanisms.
The goal of this proposal is to advance the theory of decentralized trade with informational asymmetries and limited commitment.In most trading situations, some of the parties possess superior information about critical aspects of the environment.
For example, in financial markets, professional investors are better informed about the quality of the assets that they sell to individuals.
Similarly, consumers typically have private information about their willingness to pay for goods and services.…
COLLEGIO CARLO ALBERTO - CENTRO DI RICERCA E ALTA FORMAZIONE
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