Trading dynamics in decentralized markets with adverse selection

No abstract is available for this paper.

• Publication year

  2011

• Venue

  Journal of Economics Theory

• Publication date

  2011-07-29

• Fields of study

  Business, Computer Science, Economics

• Identifiers
  DOI 10.1016/j.jet.2014.07.013
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Trading dynamics in decentralized markets with adverse selection ✩

  2015cited by this paper
• Managing markets for toxic assets

  2015cited by this paper
• Adverse Selection , Reputation and Sudden Collapses in Secondary Loan Markets May 10

  2015cited by this paper
• The role of commitment in bilateral trade

  2014cited by this paper
• Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality

  2014cited by this paper
• Lemons Markets and the Transmission of Aggregate Shocks

  2013cited by this paper
• Information, Liquidity, Asset Prices, and Monetary Policy

  2012cited by this paper
• Overcoming Adverse Selection: How Public Intervention Can Restore Market Functioning

  2012cited by this paper
• Optimal Interventions in Markets with Adverse Selection

  2012cited by this paper
• Independent random matching

  2012cited by this paper
• Outside and Inside Liquidity

  2011cited by this paper
• Competitive Equilibrium in Asset Markets with Adverse Selection

  2011cited by this paper
• Payments and liquidity under adverse selection

  2011cited by this paper
• Waiting for News in the Market for Lemons

  2011cited by this paper
• Decentralized trade mitigates the lemons problem

  2010influential reference
• Lemons, Market Shutdowns and Learning

  2009cited by this paper
• Portfolio choice and pricing in illiquid markets

  2009influential reference
• How Debt Markets Have Malfunctioned in the Crisis

  2009cited by this paper
• A Monetary Approach to Asset Liquidity

  2009cited by this paper
• Subjective random discounting and intertemporal choice

  2009cited by this paper
• Information, Liquidity, and the (Ongoing) Panic of 2007

  2009cited by this paper
• Inside and Outside Liquidity

  2008influential reference
• Dynamic Matching, Two-Sided Incomplete Information, and Participation Costs: Existence and Convergence to Perfect Competition

  2007cited by this paper
• Liquidity in asset markets with search frictions

  2007cited by this paper
• Valuation in Over-the-Counter Markets

  2006cited by this paper
• Public vs. Private Offers in the Market for Lemons

  2006cited by this paper
• A Search-Based Theory of the On-the-Run Phenomenon

  2006cited by this paper
• Bargaining with Interdependent Values

  2006cited by this paper
• Matching markets with adverse selection

  2005cited by this paper
• Endogenous Liquidity in Asset Markets

  2004cited by this paper
• Over-the-Counter Markets

  2004influential reference
• Equilibrium in a decentralized market with adverse selection

  2003cited by this paper
• Dynamic Trading in a Durable Good Market with Asymmetric Information

  2002influential reference
• Prices, Delay, and the Dynamics of Trade

  2001cited by this paper
• A Decentralized Market with Common Values Uncertainty: Non-Steady States

  2001cited by this paper
• On Asset Pricing and the Bid-Ask Spread

  2001cited by this paper
• Efficient Sorting in a Dynamic Adverse Selection Model: The Hot Potato

  2000cited by this paper
• Education signalling with preemptive offers

  1999cited by this paper
• Strict Monotonicity in Comparative Statics

  1998cited by this paper
• Sequential Bargaining with Correlated Values

  1989cited by this paper
• Bargaining with common values

  1989cited by this paper
• Disagreement in Markets with Matching and Bargaining

  1988cited by this paper
• Information Revelation in a Market with Pairwise Meetings

  1987cited by this paper
• Bargaining and Competition Part II: Existence

  1986cited by this paper
• Bargaining and Competition Part I: Characterization

  1986cited by this paper
• Foundations of Dynamic Monopoly and the Coase Conjecture

  1986cited by this paper
• Capital Market Equilibrium with Transaction Costs

  1986cited by this paper
• Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

  1985cited by this paper
• Infinite-Horizon Models of Bargaining with One-Sided Incomplete Information

  1985cited by this paper
• Continuous Auctions and Insider Trading

  1985cited by this paper
• Equilibrium in a market with sequential bargaining

  1985cited by this paper
• Bank Runs, Deposit Insurance, and Liquidity

  1983cited by this paper
• The Nature of Equilibrium in Markets with Adverse Selection

  1980influential reference
• The Market for “Lemons”: Quality Uncertainty and the Market Mechanism

  1970cited by this paper

• Asymmetric information, asset markets, and the medium of exchange

  2025cites this paper
• The Complexity Behavior in B2B Platform Ecosystem With Revenue Sharing

  2024cites this paper
• Liquidity policies with opacity

  2024cites this paper
• Duration Dependence, Adverse Selection, and Information Acquisition

  2023cites this paper
• Collateral quality and intervention traps

  2023cites this paper
• Transition Dynamics in Equilibrium Search

  2022cites this paper
• Bargaining in small dynamic markets

  2022cites this paper
• Bargaining over a Divisible Good in the Market for Lemons

  2022cites this paper
• Market Freeze and Bank Capital Structure Heterogeneity

  2022cites this paper
• Optimal taxation in asset markets with adverse selection

  2022cites this paper
• A comprehensive analysis of package tour quality: A stochastic evolutionary game

  2022cites this paper
• A dynamic theory of bank lending, firm entry, and investment fluctuations

  2022cites this paper
• Insider trading with penalties

  2022cites this paper
• Liquidity Fluctuations in Over-the-Counter Markets

  2022influential citation
• Signaling in dynamic markets with adverse selection

  2022cites this paper
• Lending standards, productivity, and credit crunches

  2021cites this paper
• Mandatory disclosure and financial contagion

  2021cites this paper
• Deadlines in the market for lemons

  2020cites this paper
• Signaling in Dynamic Markets with Adverse Selection

  2020cites this paper
• ADVERSE SELECTION WITH HETEROGENEOUSLY INFORMED AGENTS

  2020cites this paper
• Bailout Stigma

  2020cites this paper
• Deadlines in the market for lemons

  2020influential citation
• Investing to access an adverse selection market

  2020cites this paper
• Liquidity and private information in asset markets: To signal or not to signal

  2020cites this paper
• A Dynamic Theory of Lending Standards

  2020cites this paper
• A Dynamic Theory of Collateral Quality and Long-Term Interventions

  2019cites this paper
• Efficiency and information transmission in bilateral trading

  2019cites this paper
• Costs and benefits of dynamic trading in a lemons market

  2019cites this paper
• Competing mechanisms in markets for lemons

  2019influential citation
• Information Acquisition and Liquidity Traps in Over-the-Counter Markets

  2019cites this paper
• Efficiency in Decentralised Markets with Aggregate Uncertainty

  2019cites this paper
• Frictional asset reallocation under adverse selection

  2019cites this paper
• Constrained efficiency with adverse selection and directed search

  2019cites this paper
• Imperfect information transmission and adverse selection in asset markets

  2018cites this paper
• Undefeated equilibria of the Shi-Trejos-Wright model under adverse selection

  2018cites this paper
• Liquidity misallocation in an over-the-counter market

  2018cites this paper
• Why Trade Over-the-Counter? When Investors Want Price Discrimination

  2018cites this paper
• Market-making with search and information frictions

  2018cites this paper
• Trading Dynamics with Private Buyer Signals in the Market for Lemons

  2018cites this paper
• Learning by Owning in a Lemons Market ∗

  2018cites this paper
• Timing Design in the Market for Lemons

  2017cites this paper
• Comparative impatience under random discounting

  2017cites this paper
• Adverse Selection and Self-ful lling Business Cycles

  2017cites this paper
• FUNDAÇÃO GETULIO VARGAS ESCOLA DE ECONOMIA DE SÃO PAULO MARIA FERNANDA PETRI BETTO

  2017cites this paper
• Costly search with adverse selection: solicitation curse versus acceleration blessing

  2017cites this paper
• Search Costs and the Severity of Adverse Selection

  2017cites this paper
• Dynamic markets for lemons

  2017cites this paper
• Investing in Trading Opportunities in Dynamic Adverse Selection

  2017cites this paper
• Information about sellers' past behavior in the market for lemons

  2017cites this paper
• Liquidity: A New Monetarist Perspective

  2017cites this paper
• Essays on Asymmetric Information, Liquidity, and Unemployment

  2017cites this paper
• Essays in microeconomics: information and learning

  2017cites this paper
• The double bind of asymmetric information in over-the-counter markets

  2017cites this paper
• Asset issuance in over-the-counter markets

  2017cites this paper
• WORKING PAPER 16-28 INFORMATION SPILLOVERS, GAINS FROM TRADE, AND INTERVENTIONS IN FROZEN MARKETS

  2016influential citation
• Comparative impatience under random discounting

  2016cites this paper
• Are worst quality goods always traded fastest in stationary equilibrium

  2016cites this paper
• Asymmetric information in frictional markets for liquidity: Collateralized credit vs asset sale

  2016cites this paper
• Trading Dynamics with Adverse Selection and Search: Market Freeze,Intervention and Recovery

  2016cites this paper
• Dynamic adverse selection and the supply size

  2016cites this paper
• Bargaining over a Divisible Good in the Market for Lemons Dino Gerardi

  2016influential citation
• Rational inattention in dynamic adverse selection

  2016cites this paper
• WORKING PAPER NO. 16-10 SCREENING AND ADVERSE SELECTION IN FRICTIONAL MARKETS

  2016cites this paper
• Dynamic Signaling with Dropout Risk

  2016cites this paper
• NBER WORKING PAPER SERIES SCREENING AND ADVERSE SELECTION IN FRICTIONAL MARKETS

  2015cites this paper
• Government interventions in a dynamic market with adverse selection

  2015influential citation
• Reputational Concerns in Directed Search Markets with Adverse Selection

  2015cites this paper
• Adverse Selection and Liquidity in Asset Markets : To pool or not to pool ∗

  2015influential citation
• Mandatory Disclosure and Financial Contagion ∗

  2015cites this paper
• Liquidity Fluctuations in Lemon Markets and Policy Interventions∗

  2015influential citation
• Transparency and Distressed Sales Under Asymmetric Information

  2015cites this paper
• Signaling in dynamic markets with adverse selection

  2014cites this paper
• The Art of Monetary Theory: A New Monetarist Perspective∗

  2014cites this paper
• Reputation and Persistence of Adverse Selection in Secondary Loan Markets

  2014cites this paper
• Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality

  2014cites this paper
• Adverse Selection and Self-Fulfilling Business Cycles

  2014cites this paper
• Dynamic sorting in durable goods markets with buyer heterogeneity

  2014cites this paper
• Adverse selection with endogenous entry

  2014cites this paper
• Essays on Dynamic Games of Incomplete Information

  2014cites this paper
• Essays on Dynamic Microeconomic Theory

  2014cites this paper
• Dynamic Education Signaling with Dropout Risk

  2014cites this paper
• Liquidity shocks in over-the-counter markets

  2014cites this paper
• Costly Search with Adverse Selection: Solicitation Curse vs. Accelerating Blessing

  2014cites this paper
• Collateral Risk, Repo Rollover and Shadow Banking

  2014cites this paper
• Fei Li “ Dynamic Education Signaling with Dropout Risk ” Third Version PIER Working Paper 14-014

  2014cites this paper
• FUNDAÇÃO GETÚLIO VARGAS ESCOLA DE ECONOMIA DE SÃO PAULO BRUNO BARSANETTI Signaling in Dynamic Markets with Adverse Selection

  2014influential citation
• Adverse Selection and Self-fulfilling Business Cycles ∗

  2014cites this paper
• WORKING PAPER NO . 13-20 SUBSIDIZING PRICE DISCOVERY

  2013cites this paper
• Breaking the ice: government interventions in frozen markets

  2013cites this paper
• Dynamic Education Signaling with Dropout, Second Version

  2013cites this paper
• Breaking the Ice : Government Interventions in Frozen Markets

  2013cites this paper
• Subsidizing price discovery

  2013cites this paper
• Adverse Selection and Liquidity Distortion

  2013influential citation
• Trading Dynamics in the Market for Lemons

  2013cites this paper
• Debt dilution: when it is a major problem and how to deal with it

  2013cites this paper
• Dynamic Education Signaling with Dropout Risk, Third Version

  2013cites this paper
• Market Runs: Liquidity and the Value of Information

  2012cites this paper
• Dynamic Education Signaling with Dropout

  2012cites this paper
• Endogenous Market Segmentation for Lemons

  2012cites this paper
• Dynamic Education Signaling with Dropout ∗ – Preliminary – Francsec

  2012cites this paper