The impact of relative wealth concerns on wealth gap and welfare in a noisy rational expectations economy

DOI10.1016/J.ECONLET.2023.111376MaRDI QIDQ6117817

Youcheng Lou, Huichao Guo

Publication date: 20 March 2024

Published in: Economics Letters (Search for Journal in Brave)

zbMATH Keywords

welfarenoisy rational expectations equilibriumrelative wealth concernswealth gap

Mathematics Subject Classification ID

Economics of information (91B44) Welfare economics (91B15)

Cites Work

• Should we regulate financial information?
• On the aggregation of information in competitive markets
• Information Acquisition in a Noisy Rational Expectations Economy

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