Finance Theory Group

Antitrust, Regulation, and User Union in the Era of Digital Platforms and Big Data

Simon Mayer , Lin William Cong (叢林) Nov 28,2022

Working Paper No.00088-00

We model platform competition with endogenous data generation, collection, and sharing, thereby providing a unifying framework to evaluate data-related regulation... Read More

The Coming Battle of Digital Currencies

Simon Mayer , Lin William Cong (叢林) Nov 28,2022

Working Paper No.00089-00

We model the dynamic competition among national fiat currencies, cryptocurrencies, and Central Bank Digital Currencies (CBDCs), whereby countries strategically digitize... Read More

Markets for Financial Innovation

Kinda Hachem , Ana Babus Dec 02,2022

Working Paper No.00090-00

We develop a theory of financial innovation in which both market structure and the payoffs of the claims being traded... Read More

Endogenous Specialization and Dealer Networks

Batchimeg Sambalaibat Jul 07,2021

Working Paper No.00014-02

We build a directed search model of network formation. We propose that a core-periphery interdealer network arises from dealer specialization. Read More

Endogenous Specialization and Dealer Networks

Batchimeg Sambalaibat Jul 07,2021

Working Paper No.00014-02

We build a directed search model of network formation. We propose that a core-periphery interdealer network arises from dealer specialization. Read More

Endogenous Specialization and Dealer Networks

Batchimeg Sambalaibat Jul 07,2021

Working Paper No.00014-02

We build a directed search model of network formation. We propose that a core-periphery interdealer network arises from dealer specialization. Read More

Endogenous Specialization and Dealer Networks

Batchimeg Sambalaibat Jul 07,2021

Working Paper No.00014-02

We build a directed search model of network formation. We propose that a core-periphery interdealer network arises from dealer specialization. Read More