Learning, rare events, and recurrent market crashes in frictionless economies without intrinsic uncertainty
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Publication:1270748
DOI10.1006/JETH.1998.2436zbMath0910.90050OpenAlexW2072995271MaRDI QIDQ1270748
Publication date: 19 April 1999
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1006/jeth.1998.2436
Related Items (3)
Hope springs eternal: Learning and the stability of cooperation in short horizon repeated games. ⋮ Asset prices and the distribution of wealth ⋮ Market crashes, speculation and learning in financial markets
Cites Work
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- Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations
- Asset Prices in an Exchange Economy
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- Speculative Investor Behavior and Learning
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