`Nobody is perfect': asset pricing and long-run survival when heterogeneous investors exhibit different kinds of filtering errors

DOI10.1016/J.JEDC.2015.08.005zbMath1401.91069OpenAlexW3124893810MaRDI QIDQ1657450

Lue Wu, Christian Schlag, Nicole Branger

Publication date: 13 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://publikationen.ub.uni-frankfurt.de/files/38638/SSRN-id2642274.pdf

zbMATH Keywords

learninggeneral equilibriumasset allocationdifferent beliefsover-confidence

Mathematics Subject Classification ID

Related Items (3)

Markets with heterogeneous beliefs: a necessary and sufficient condition for a trader to vanish ⋮ Consumption-based CAPM with belief heterogeneity ⋮ Market selection with an endogenous state

Cites Work

• Loss aversion, survival and asset prices
• Natural Selection in Financial Markets: Does It Work?
• Unnamed Item

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