Welfare effects of short-sale constraints under heterogeneous beliefs
Year of publication: |
2013
|
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Authors: | Nakata, Hiroyuki |
Published in: |
Economic theory : official journal of the Society for the Advancement of Economic Theory. - Berlin : Springer, ISSN 0938-2259, ZDB-ID 1059110-2. - Vol. 53.2013, 2, p. 283-314
|
Subject: | Ex post social welfare | Heterogeneous beliefs | Rational beliefs | Short-sale constraint | Theorie | Theory | Wohlfahrtsanalyse | Welfare analysis | Rationale Erwartung | Rational expectations | Leerverkauf | Short selling | Erwartungsbildung | Expectation formation | CAPM |
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