63 citations · 65 across the 14 of their papers we have counts for
4 papers · 1 filter
Existence and convergence of discrete-time Kyle models with multiple insiders
Jin Choi, Kasper Larsen
Foster and Viswanathan (1996) extend the discrete-time setting of Kyle (1985) to multiple informed traders who have partial information about the stock's terminal dividend. We reso…
Mandatory Disclosure in Oligopolistic Market Making
Seongjin Kim, Jin Hyuk Choi
We develop a multi-period Kyle-type model that incorporates both mandatory disclosure of informed trades and imperfect competition among market makers. We prove the existence and u…
Learning about latent dynamic trading demand
Xiao Chen, Jin Hyuk Choi, Kasper Larsen +1
This paper presents an equilibrium model of dynamic trading, learning, and pricing by strategic investors with trading targets and price impact. Since trading targets are private,…
Information and Trading Targets in a Dynamic Market Equilibrium
Jin Hyuk Choi, Kasper Larsen, Duane J. Seppi
This paper investigates the equilibrium interactions between trading targets and private information in a multi-period Kyle (1985) market. There are two investors who each follow d…