A model of financial markets with endogenously correlated rational beliefs

DOI10.1007/s00199-005-0068-0zbMath1109.91353OpenAlexW1995929388MaRDI QIDQ868620

Hiroyuki Nakata

Publication date: 6 March 2007

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

Full work available at URL: https://doi.org/10.1007/s00199-005-0068-0

zbMATH Keywords

CommunicationHeterogeneous beliefs

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (4)

Welfare effects of short-sale constraints under heterogeneous beliefs ⋮ Non-stationary, stable Markov processes on a continuous state space ⋮ Conformism and public news ⋮ Diverse beliefs and time variability of risk premia

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