Heterogeneous overreaction in expectation formation: evidence and theory

DOI10.1016/J.JET.2024.105839MaRDI QIDQ6564049zbMATH OpenFDO

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)

zbMATH Keywords

asymmetryambiguity aversionnon-monotoneoverreactionexpectation formationmanagerial guidance

Mathematics Subject Classification ID

Decision theory (91B06)

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Cites work

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

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