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The months that followed her husband Dan’s death have been tough for Christy Bubenheim, but she is confident that her decision to sell her husband’s business to Tony Erickson and Junior Herndon will fill the...
The prestigious award to Ben Bernanke, Doug Diamond and Phil Dybvig rightly recognises that when incentives are wrong bad things like financial crises can happen.
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022 was awarded jointly to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig "for research on banks and financial crises"
Dybvig, along with co-author Douglas Diamond and former Federal Reserve Chairman Ben Bernanke, are sharing the award for their work on the role banks play in stabilizing the economy and how a financial crisis can undermine them.
Abstract. The high-frequency trading arms race is a symptom of flawed market design. Instead of the continuous limit order book market design that is currently