Photo of Richard E. Kihlstrom

Richard E. Kihlstrom

Ervin Miller-Arthur M. Freedman Professor of Finance and Economics

Research Interests: financial market equilibrium, information and uncertainty in economics, managerial incentives


  • FNCE923 - Financial Economics Under Imperfect Information

    General equilibrium and rational expectations. Foundations of the theory of information. Learning from prices in rational expectations equilibrium models. Moral hazard, adverse selection and signalling. Bidding theories.

    FNCE923001