Unrealized arbitrage opportunities in naive equilibria with non-Bayesian belief processes

DOI10.1016/J.MATHSOCSCI.2023.07.001MaRDI QIDQ6080657zbMATH OpenFDO

Authors Alexander Zimper

Publication date 4 October 2023

Published in Mathematical Social Sciences (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International

Full work available at URL https://doi.org/10.1016/J.MATHSOCSCI.2023.07.001

zbMATH Keywords

bounded rationalitydynamic arbitrage opportunitiesdynamic inconsistencynon-Bayesian updatingrepresentative agent

Mathematics Subject Classification ID

Decision theory (91B06)

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Cited in

(2)

• Convergence of Bayesian learning to general equilibrium in mis-specified models.
• Belief aggregation for representative agent models

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