Joint PIMS-MITACS Mathematical Finance Seminar/Mathematics Colloquium
3:30 p.m., Friday
Math 100
Darrell Duffie
Stanford University
Valuation in Dynamic Bargaining Markets
In a model of sequential search and bargaining, we attempt
to capture the impact on asset prices of illiquidity associated
with search and bargaining, and to study the equilibrium
interactions among investors and broker-dealers.
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