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Asset price volatility and trading volume with rational beliefs

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Publication:1884626
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DOI10.1007/S00199-003-0397-9zbMath1100.91543OpenAlexW3125075097MaRDI QIDQ1884626

Ho-Mou Wu, Wen-Chung Guo

Publication date: 5 November 2004

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-003-0397-9


zbMATH Keywords

speculationrational beliefstrading volumePrice volatility


Mathematics Subject Classification ID

Trade models (91B60)


Related Items (10)

Welfare effects of short-sale constraints under heterogeneous beliefs ⋮ General equilibrium with endogenous uncertainty and default ⋮ Non-stationary, stable Markov processes on a continuous state space ⋮ Conformism and public news ⋮ Rational overconfidence and social security: subjective beliefs, objective welfare ⋮ Determinants of stock market volatility and risk premia ⋮ Financial leverage and market volatility with diverse beliefs ⋮ Diverse beliefs and time variability of risk premia ⋮ Existence of an equilibrium for lower semicontinuous information acquisition functions ⋮ Diverse beliefs







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