Northwestern University

Parent Unit Name

Login

LIBRARIES | ARCH

Menu Search

Start Over

Filtering by: Keyword Central Clearing Subject Finance

1 entry found

List Gallery Masonry Slideshow

Essays on Heterogeneous Beliefs in Financial Markets

Description:

In this thesis, I investigate how the disagreements among market participants can affect markets in various settings. In the first chapter, I study how market participants with heterogeneous beliefs and non-commitment can create and manage counterparty risk in a sequentially and bilaterally traded market. I find that the equilibrium price...

Keyword:

Counterparty Risk, Bubble, Asynchronized Trading, Central Clearing, Derivatives, and Heterogeneous Beliefs

Subject:

Finance

Creator:

Hao Sun

Owner:

Scholarly Digital Publishing

Date Uploaded:

10/14/2019

Date Modified:

10/14/2019

Resource Type:

Dissertation