no code implementations • 12 Apr 2024 • Michail Anthropelos, Scott Robertson
In the price-impact equilibrium the insider strategically reveals a noisier (compared to when the insider takes prices as given) signal, and prices are less reactive to the publicly available information.
no code implementations • 3 Apr 2023 • Scott Robertson
We prove existence of a partial communication equilibrium where, at each private signal time, the public receives a signal of the same form as the associated insider, but of lower quality.
no code implementations • 28 Nov 2022 • Jerome Detemple, Scott Robertson
This extends previous constructions of equilibria with asymmetric information used when all agents have exponential utilities and enables us to study the impact of $U$'s initial share endowment on equilibrium.
no code implementations • 27 Nov 2020 • Scott Robertson, Aurélie Mailliet, Xavier Sarazin, François Couchot, Elsa Baynard, Julien Demailly, Moana Pittman, Arache Djannati-Ataï, Sophie Kazamias, Marcel Urban
The proposal is to measure the refraction of a probe laser pulse when crossing a transverse vacuum index gradient, produced by a very intense pump pulse.
Optics
no code implementations • 7 May 2020 • Yerkin Kitapbayev, Scott Robertson
We analyze recently proposed mortgage contracts that aim to eliminate selective borrower default when the loan balance exceeds the house price (the ``underwater'' effect).
