information-asymmetry

There are 0 repository under information-asymmetry topic.

• monty-se / PINstimation

  A comprehensive bundle of utilities for the estimation of probability of informed trading models: original PIN in Easley and O'Hara (1992) and Easley et al. (1996); Multilayer PIN (MPIN) in Ersan (2016); Adjusted PIN (AdjPIN) in Duarte and Young (2009); and volume-synchronized PIN (VPIN) in Easley et al. (2011, 2012). Implementations of various estimation methods suggested in the literature are included. Additional compelling features comprise posterior probabilities, an implementation of an expectation-maximization (EM) algorithm, and PIN decomposition into layers, and into bad/good components. Versatile data simulation tools, and trade classification algorithms are among the supplementary utilities. The package provides fast, compact, and precise utilities to tackle the sophisticated, error-prone, and time-consuming estimation procedure of informed trading, and this solely using the raw trade-level data.

  clustering-analysisexpectation-maximisation-algorithmhierarchical-clusteringinformation-asymmetrymarket-microstructuremaximum-likelihood-estimationmixture-distributionspoisson-distribution
  Language:R 36

• AineiasGV / Akerlof-Markov-Ergodicity-in-Wolfram-Mathematica

  This simulation models the interactions between buyers and sellers in a market using a discrete Markov chain. The market consists of regular sellers and a fraction of opportunistic sellers who may deceive the buyers. The simulation tracks the evolution of buyer perception over time, influenced by encounters with these opportunistic sellers.

  economicsergodicityinformation-asymmetrymarkovstochastic-processesuncertainty
  Language:Mathematica 0
• reputation-olm-abm

  mblukac / reputation-olm-abm

  Reputation systems and recruitment in online labor markets: Insights from an agent-based model [replication materials]

  agent-based-modelinginformation-asymmetryonline-labor-marketsreputation-systems
  Language:NetLogo 0