'Liquidity traders' presentation slideshows

EXIT AND VOICE IN CORPORATE GOVERNANCE 4th set of transparencies for ToCF

EXIT AND VOICE IN CORPORATE GOVERNANCE 4th set of transparencies for ToCF. I. . INTRODUCTION. Basic idea :. Agency problem (adverse selection, moral hazard,...). want to reduce asymmetry of information by "hiring monitors". 1 . ACTIVE VS PASSIVE MONITORS.

197 views • 18 slides

The Make or Take Decision in an Electronic Market

The Make or Take Decision in an Electronic Market. Discussion: Jaime F. Zender 2003 MTS Conference on Financial Markets. The Basics. A big issue in microstructure is that the models one would build to examine certain issues are intractable.

105 views • 9 slides

Adverse Selection Model I

202 views • 4 slides