Live fast, die young: equilibrium and survival in large economies

DOI10.1007/s00199-020-01268-yzbMath1484.91444OpenAlexW3024094491MaRDI QIDQ825163

Elyès Jouini, Arthur Beddock

Publication date: 17 December 2021

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

Full work available at URL: https://doi.org/10.1007/s00199-020-01268-y

zbMATH Keywords

asset pricingheterogeneous beliefsmarket eliminationcontinuum of agentsheterogeneous time preference ratessurviving agent

Mathematics Subject Classification ID

General equilibrium theory (91B50) Financial markets (91G15)

Related Items (1)

Market selection and learning under model misspecification

Cites Work

• Live fast, die young
• Capital market equilibrium without riskless assets: heterogeneous expectations
• Heterogeneous beliefs, asset prices, and volatility in a pure exchange economy
• Intertemporal asset pricing with heterogeneous beliefs
• Long-run heterogeneity in an exchange economy with fixed-mix traders
• Financial Markets Equilibrium with Heterogeneous Agents*
• Natural Selection in Financial Markets: Does It Work?
• Continuous Auctions and Insider Trading
• Do Markets Favor Agents able to Make Accurate Predictions?
• Unbiased Disagreement in Financial Markets, Waves of Pessimism and the Risk-Return Trade-off*
• Consensus Consumer and Intertemporal Asset Pricing with Heterogeneous Beliefs

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