Browsing FGV EPGE - Ensaios Econômicos by Author "Tourky, Rabee"
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On uniqueness of equilibrium in the Kyle Model
Mc Lennan, Andrew; Monteiro, P. K.; Tourky, Rabee
2014-12-27A longstanding unresolved question is whether the one-period Kyle Model of an informed trader and a noisily informed market maker has an equilibrium that is different from the closed-form solution derived by Kyle (1985). ...


