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Liquidity as Social Expertise
Liquidity learning by doing asymmetric information expertise
2015/7/20
This paper proposes a theory of liquidity dynamics. Illiquidity results from asymmetric information. Observing the historical track record teaches agents how to interpret public information and helps ...
Sellers:
I choose what markets (if any) to offer their assets in
I take as given the probability of selling each asset in each market
Buyers
I choose what markets to buy from and what accept...
Legislative and organizational aspects of the commodity expertise activity in Romania
expertise commodity activity technical
2009/11/23
Ordinance No. 2 regarding the Organization of the Activity of the TechnicalJudicial and Extrajudicial Expertise“ of Romania’s Government was published inMonitorul Oficial no. 26 and came into force on...