Publications of Rohit Rahi

We consider a setting in which privately informed agents are located in a network and trade a risky asset with other agents with whom they are...

Journal of Economic Theory, 214, 105756

We study a financial market in which agents with interdependent values bid for a risky asset. Some agents are privately informed of their own value...

Journal of Economic Theory, 191, 105155

We study the transmission of liquidity shocks from one sector of the economy to other sectors in a general equilibrium model with multiple trading...

We study the market for a risky asset with heterogeneous valuations. Agents seek to learn about their own valuation by acquiring private information...

Journal of Economic Theory, Volume 177, Pages 558-593.

We consider the market for a risky asset with heterogeneous valuations. Private information that agents have about their own valuation is reflected in...

Mathematics and Financial Economics, Volume 8, pages 249–264.

International Economic Review, 55(1), 57-81.

We study an economy with segmented financial markets and strategic arbitrageurs who link these markets. We show that the equilibrium of the arbitraged...

Financial market liquidity has become increasingly fragmented across multiple trading platforms. We propose an intuitive welfare-based market quality...

We study the value of information in a competitive economy in which agents trade in asset markets to reallocate risk. We characterize the kinds of...

Market liquidity is typically characterized by a number of ad hoc metrics, such as depth, volume, bid-ask spreads etc. No general coherent definition...

A substantial literature addresses the negative effect on welfare of the release of information in a competitive market economy. We show that the...

We study a model with restricted investor participation in which strategic arbitrageurs reap profits by exploiting mispricings across different market...