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Volumn 42, Issue 6, 2006, Pages 752-770

Aggregation of heterogeneous beliefs

Author keywords

Aggregation of belief; Consensus belief; Heterogeneous beliefs; Representative agents

Indexed keywords


EID: 33748425410     PISSN: 03044068     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmateco.2006.02.001     Document Type: Article
Times cited : (16)

References (8)
  • 1
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    • An equilibrium model with restricted stock market participation
    • Basak S., and Cuoco D. An equilibrium model with restricted stock market participation. Review of Financial Studies 11 (1998) 309-341
    • (1998) Review of Financial Studies , vol.11 , pp. 309-341
    • Basak, S.1    Cuoco, D.2
  • 2
    • 33748439728 scopus 로고    scopus 로고
    • Calvet, L., Grandmont, J.-M., Lemaire, I., 2002. Aggregation of heterogenous beliefs and asset pricing in complete financial markets. Working paper.
  • 4
    • 33748420588 scopus 로고    scopus 로고
    • Huang, C.-F., Litzenberger, R., 1988, Foundations for Financial Economics, Prentice Hall, Eaglewood Cliffs, New-Jersey
  • 5
    • 33748434018 scopus 로고    scopus 로고
    • Jouini, E., Napp, C., 2003. Consensus consumer and intertemporal asset pricing with heterogeneous beliefs. Working paper.
  • 6
    • 0001048997 scopus 로고
    • An aggregation theorem for securities markets
    • Rubinstein M. An aggregation theorem for securities markets. Journal of Financial Economics 1 (1974) 225-244
    • (1974) Journal of Financial Economics , vol.1 , pp. 225-244
    • Rubinstein, M.1
  • 7
    • 0000037307 scopus 로고
    • The strong case for the generalized logarithmic utility model as the premier model of financial markets
    • Rubinstein M. The strong case for the generalized logarithmic utility model as the premier model of financial markets. Journal of Finance 31 (1976) 551-571
    • (1976) Journal of Finance , vol.31 , pp. 551-571
    • Rubinstein, M.1
  • 8
    • 0032044523 scopus 로고    scopus 로고
    • Effects of financial innovations on market volatility when beliefs are heterogeneous
    • Zapatero F. Effects of financial innovations on market volatility when beliefs are heterogeneous. Journal of Economic Dynamics and Control 22 (1998) 597-626
    • (1998) Journal of Economic Dynamics and Control , vol.22 , pp. 597-626
    • Zapatero, F.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.