On competition for listings

Author
Beladi, Hamid · Oladi, Reza · Tay, Nicholas S.P.
Published print 2012
Journal Economics Letters
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Abstract

We construct a model whereby stock exchanges take a new role as an information intermediary, notably absent in their roles. We show that exchanges differentiate themselves at subgame perfect equilibrium and will not race to the top or to the bottom.

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Details

Title
On competition for listings
Author
Beladi, Hamid · Oladi, Reza · Tay, Nicholas S.P.
Year
2012
Journal
Economics Letters
Published print
2012
Type
Research Article
Language
eng
Keywords*
Information Intermediary · Reputation Capital · Listing Requirements · Game Theory And Bargaining Theory · General Financial Markets · Market Structure, Firm Strategy, And Market Performance

Fields edited by Q-Sensei or Q-Sensei's users are marked with an asterisk (*).
This is Version 2 of this record. Q-Sensei Corp. added this version on September 25, 2012. It is an edited version of the original data import from RePEc. View changes to the previous version or view the complete version history.