If You're so Smart, why Aren't You Rich? Belief Selection in Complete and Incomplete Markets

DOI10.1111/j.1468-0262.2006.00691.xzbMath1151.91639OpenAlexW3122682328MaRDI QIDQ3418478

Publication date: 5 February 2007

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://cowles.yale.edu/sites/default/files/files/pub/d13/d1319.pdf

zbMATH Keywords

Bayesian learning rational expectations market selection hypothesis heterogeneous consumers

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Trade models (91B60) Auctions, bargaining, bidding and selling, and other market models (91B26) Consumer behavior, demand theory (91B42)

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