Similar Search Results

Models, inattention and expectation updates

Giacomini, Raffaella; Skreta, Basilikē; Turén, Javier - 2016

Persistent link: https://www.econbiz.de/10012171736

The negative value of private information in illiquid markets

Nezafat, Mahdi; Schroder, Mark D. - In: Journal of economic theory 210 (2023), pp. 1-50

Persistent link: https://www.econbiz.de/10014422624

Smooth Ambiguity, Wealth Dynamics and Asset Prices with Heterogeneous Beliefs

Huang, Bo; Liu, Hening - 2022

We study a class of endowment economies with long-run risks in which agents have generalized recursive smooth ambiguity preferences and heterogeneous beliefs. The expected growth rate of aggregate consumption consists of a persistent component. Agents cannot observe the component but learn about...

Persistent link: https://www.econbiz.de/10013291472

Keep up with the winners : experimental evidence on risk taking, asset integration, and peer effects

Fafchamps, Marcel; Kebede, Bereket; Zizzo, Daniel John - 2013

Persistent link: https://www.econbiz.de/10010228039

Keep up with the winners : experimental evidence on risk taking, asset integration, and peer effects

Fafchamps, Marcel; Kebede, Bereket; Zizzo, Daniel John - In: European economic review : EER 79 (2015), pp. 59-79

Persistent link: https://www.econbiz.de/10011523865

Keep Up with the Winners : Experimental Evidence on Risk Taking, Asset Integration, and Peer Effects

Fafchamps, Marcel - 2015

winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the …

Persistent link: https://www.econbiz.de/10013012145

Can investors gain incremental information through online searching? : evidence from China

Guo, Fanyong; Su, Shan; Zhong, Shihu - In: Emerging markets, finance & trade : a journal of the … 59 (2023) 9, pp. 2994-3010

Persistent link: https://www.econbiz.de/10014321055

Information and learning in markets : the impact of market microstructure

Vives, Xavier - 2008

Persistent link: https://www.econbiz.de/10003631136

Information and Learning in Markets : The Impact of Market Microstructure

Vives, Xavier - 2008

--informational efficiency and herding--and uses a coherent game-theoretic framework to bring together the latest results from the rational … expectations and herding literatures. Vives emphasizes the consequences of market interaction and social learning for informational … theories like informational efficiency and herding build on the same principles of Bayesian decision making and that …

Persistent link: https://www.econbiz.de/10014488057

Accumulation of reserves and keeping up with the Joneses : the case of LATAM economies

Cheung, Yin-Wong; Sengupta, Rajeswari - In: International review of economics & finance : IREF 20 (2011) 1, pp. 19-31

Persistent link: https://www.econbiz.de/10009304237