Pricing under random information flow and the theory of information pricing
This thesis presents a mathematical formulation of informational inhomogeneity in financial markets, with emphasis on its impact on asset volatility, the notion of information extraction, and the role of information providers. We begin with a brief review of the BHM framework, which models the marke...
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Imperial College London
2012
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.550895 |