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Imperfect Common Knowledge and Learning in the Swedish Kronor Market
Common Knowledge microeconomic
2015/9/21
We use both macroeconomic and microeconomic information to test for heterogeneous information
and the presence of learning on Swedish Kronor currency market. We further test
whether our findings imp...
Imperfect Common Knowledge and Exchange Rate Determination
Common Knowledge Exchange Rate Determination
2015/9/21
We look at a simple financial model of exchange rate determination
with investors who have heterogeneous information. The exchange rate can
be expressed as a sum of averages of higher order expectat...
An Axiomatic Characterization of Common Knowledge
Axiomatic Characterization Common Knowledge
2015/7/21
An Axiomatic Characterization of Common Knowledge.
Information,Trade and Common Knowledge.