Must-Read: Erik Eyster, Matthew Rabin, and Dimitri Vayanos: Financial Markets where Traders Neglect the Informational Content of Prices: “We present a model of a financial market where some traders are ‘cursed’… …when choosing how much to invest in a risky asset, failing to fully take into account what prices convey about others’ private information. Cursed … Continue reading Must-Read: Erik Eyster, Matthew Rabin, and Dimitri Vayanos: Financial Markets where Traders Neglect the Informational Content of Prices