Size Discovery

Darrell Duffie , Haoxiang Zhu  

Size-discovery mechanisms allow large quantities of an asset to be exchanged at a price that does not respond to... Read More

Persuasion in Relationship Finance

Ehsan Azarmsa,Ehsan Azarmsa, Lin William Cong (叢林) , Lin William Cong (叢林)  

Relationship finance as seen in bank lending and venture capital features incumbent financiers' observing interim information after initial investment but... Read More