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.