Information and market price manipulation in trade
Duration:
January 2010–January 2012
Funding source:
ARC Discovery Project
Dr Shino Takayama, ARC Discovery Project DP1093105
As we can see from the financial crisis, speculative trading in financial markets can have real world effects. Inside traders can exploit their information for more profits. At this stage, we do not fully understand the role of diverse information in the financial system and we need better ways to model price manipulation and information in a dynamic setting. This proposal seeks to supply a reference framework for analyzing price manipulation. Recently, there has been an increasing interest in the informed trader's dynamic strategy. By strengthening this research area, this project will give new momentum to Australian economic theory.
Total amount $270,000
