Heterogeneous beliefs and trading inefficiencies
From MaRDI portal
Publication:281400
DOI10.1016/J.JET.2016.02.003zbMath1369.91133OpenAlexW2284958750MaRDI QIDQ281400
Bruce McGough, William A. Branch
Publication date: 11 May 2016
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2016.02.003
Related Items (2)
Learning from experience in the stock market ⋮ Smart or stupid depends on who is your counterpart: a cobweb model with heterogeneous expectations
Cites Work
- Essential interest-bearing money
- Convergence of least squares learning mechanisms in self-referential linear stochastic models
- Adaptive learning and monetary exchange
- Money, price dispersion and welfare
- Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.
- Intrinsic heterogeneity in expectation formation
- Temporary General Equilibrium Theory
- A Divisible Search Model of Fiat Money
- A Rational Route to Randomness
- Information, Liquidity, Asset Prices, and Monetary Policy
- Decentralized Trading With Private Information
- Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
This page was built for publication: Heterogeneous beliefs and trading inefficiencies