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Private Beliefs and Information Externalities in the Foreign Exchange Market

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NBER1991-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w3889
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资源简介:
An information externality exists in the foreign exchange market due to the fact that traders play two partially conflicting roles: (i) each is a speculator and (ii) each is an information clearinghouse in that each intermediates own-customer orders which convey information. Profit maximization
提供机构:
美国国家经济研究局
创建时间:
1991-10-01
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