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A Model of Informed Intermediation in the Market for Going Public

Aydogan Alti, Jonathan Cohn   Nov 01,2022

Working Paper No.00083-00

We present a model in which informed experts intermediate in the market for going public by acquiring private firms and... Read More

Optimal Contracting and the Organization of Knowledge

luis garicano,luis rayo, William Fuchs   Jul 30,2018

Working Paper No.00042-09

We study contractual arrangements that support an efficient use of time in a knowledge- intensive economy in which agents... Read More

Screening and Adverse Selection in Frictional Markets

Benjamin Lester,Ali Shourideh,Venky Venkateswaran, Ariel Zetlin-Jones   Jul 06,2018

Working Paper No.00038-00

We incorporate a search-theoretic model of imperfect competition into an otherwise standard model of asymmetric information with unrestricted contracts.... Read More

Information Spillovers in Asset Markets with Correlated Values

Brett Green , William Fuchs , Vladimir Asriyan   Jul 06,2018

Working Paper No.00033-00

We study information spillovers in a dynamic setting with correlated assets owned by privately informed sellers. In the model, a... Read More

Published: American Economic Review, 2017, (), -