Incentives and imperfect learning in financial markets

This thesis aims to explore the impacts of investors' imperfect learning behavior on asset prices and the economic consequences of misaligned incentives of financial intermediaries in a world with asymmetric information.

Bibliographic Details
Main Author: Zheng, Lingling
Other Authors: Chemla, Gilles
Published: Imperial College London 2013
Subjects:
658
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.650657
Description
Summary:This thesis aims to explore the impacts of investors' imperfect learning behavior on asset prices and the economic consequences of misaligned incentives of financial intermediaries in a world with asymmetric information.