Heterogeneous overreaction in expectation formation: evidence and theory

DOI10.1016/J.JET.2024.105839zbMATH Open1544.91103MaRDI QIDQ6564049FDOQ6564049

Authors: Heng Chen, Xu Li, Guangyu Pei, Qian Xin 

Publication date: 28 June 2024

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

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zbMATH Keywords

asymmetryambiguity aversionnon-monotoneoverreactionexpectation formationmanagerial guidance

Mathematics Subject Classification ID

Decision theory (91B06)

Cites Work

• Maxmin expected utility with non-unique prior
• A Smooth Model of Decision Making under Ambiguity
• Ambiguity and the historical equity premium
• News media and delegated information choice
• Statistical Decision Functions
• Ambiguity aversion and wealth effects
• Diagnostic business cycles

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