How might Web3 influence the future of pricing? What is the role of government regulation in emerging pricing models?

Jun 29, 2016 ... We model financial innovations such as Exchange-Traded Funds, smart beta products, and many index-based vehicles as composite securities ... by asset pricing models on the unconditional moments of asset payoffs and prices. In particular, we analyze the effect of information omission on the ... In our model, portfolio lenders face a sell or hold decision and possess private information about loan quality. Portfolio lender private information derives ... ... model of slow macroeconomic adjustment to monetary shocks. The model exploits the idea that buyers are imperfectly informed about their nominal valuation. I ... References (20) · An intertemporal asset pricing model with stochastic consumption and investment opportunities · Journal of Financial Economics · Information ... tarity in firms' pricing strategy when firms are allowed to extract information from the aggregate price. As the incentive to price similarily increases ... Oct 4, 2019 ... ... informational frictions determine strategic consumption-portfolio ... Model Specification, Robustness, Prices of Risk, and Model Detection. Automating governance and compliance; Implementing an information management strategy and solution. Explore the Bermudan option pricing problem with variable transaction costs and its solution using the information-based model. Discover the application of ... We doc- ument that the information content of asset prices changes with ESG investing. We then develop a rational expectations equilibrium model in which ...