Information Acquisition and Under-Diversification

From MaRDI portal
Publication:3563643


DOI10.1111/j.1467-937X.2009.00583.xzbMath1231.91421MaRDI QIDQ3563643

Stijn van Nieuwerburgh, Laura L. Veldkamp

Publication date: 1 June 2010

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1467-937x.2009.00583.x


91B16: Utility theory

91B44: Economics of information

91G10: Portfolio theory


Related Items

A simple robust asset pricing model under statistical ambiguity, Induced uncertainty, market price of risk, and the dynamics of consumption and wealth, Management compensation and market timing under portfolio constraints, A note on rational inattention and rate distortion theory, The tradeoff between risk sharing and information production in financial markets, Rigid pricing and rationally inattentive consumer, Financial innovation and risk: the role of information, On information costs, short sales and the pricing of extendible options, steps and Parisian options, Pricing derivatives in the presence of shadow costs of incomplete information and short sales, Attention misallocation, social welfare and policy implications, Rational inattention and the dynamics of consumption and wealth in general equilibrium, Short-sale constraints, information acquisition, and asset prices, Foundations for optimal inattention, Wright meets Markowitz: how standard portfolio theory changes when assets are technologies following experience curves, Asset bundling and information acquisition of investors with different expertise, Financial complexity and trade, Effects of common factors on dynamics of stocks traded by investors with limited information capacity, Portfolio choice, attention allocation, and price comovement, Rational quantitative trading in efficient markets, Relative performance concerns among investment managers, Robust investment strategies with two risky assets, Long term optimal investment with regime switching: inflation, information and short sales, Information acquisition and expected returns: evidence from EDGAR search traffic, Information acquisition and provision in school choice: a theoretical investigation, Estimating information cost functions in models of rational inattention, Information acquisition and provision in school choice: an experimental study, Optimal attention and heterogeneous precautionary saving behavior, Information and inequality, News media and delegated information choice, Directed attention and nonparametric learning, Asset market equilibrium under rational inattention, Rationally Inattentive Control of Markov Processes