Common knowledge equilibrium of Boolean securities in distributed information market
Computer Science and Game Theory
2020-07-24 v2
Abstract
We investigate common knowledge equilibrium of separable (or parity) and totally symmetric Boolean securities in distributed information market. We theoretically show that clearing price converges to the true value when a common prior probability distribution of information of each player satisfies some conditions.
Cite
@article{arxiv.2002.09086,
title = {Common knowledge equilibrium of Boolean securities in distributed information market},
author = {Masahiko Ueda},
journal= {arXiv preprint arXiv:2002.09086},
year = {2020}
}
Comments
14 pages