Details
NAME
Efstathios Avdis
INSTITUTION
University of Alberta
OFFICE PHONE NUMBER
1-780-492-8876
EMAIL
avdis@ualberta.ca
Featured Work
2020
Risk seekers: trade, noise, and the rationalizing effect of market impact on convex preferences
Oct 08,2020
Long-held intuition dictates that information-based trade is impossible without exogenous noise. Risk seekers can resolve this conundrum. Even though such...
Show Previous Versions2019
Risk seekers: trade, noise, and the rationalizing effect of market impact on convex preferences
Dec 31,2019
Long-held intuition dictates that information-based trade is impossible without exogenous noise. Risk seekers can resolve this conundrum. Even though such agents have...
Risk seekers: trade, noise, and the rationalizing effect of market impact on convex preferences
Apr 12,2019
Long-held intuition dictates that information-based trade without exogenous noise is impossible. Risk seekers can resolve this conundrum. Not only do...
2017
Rational-expectations whiplash
Mar 15,2017
We present a financial market with investors who have nested private information. Small perturbations of price informativeness, originating from fat-finger...
Information Tradeoffs in Dynamic Financial Markets
Mar 15,2017
In dynamic financial markets the stochastic supply of risky assets has a significant informational role. Contrary to static models, where...