Belief heterogeneity and survival in incomplete markets

DOI10.1007/s00199-010-0531-4zbMath1276.91073OpenAlexW1980680306MaRDI QIDQ663194

Tarek Coury, Emanuela Sciubba

Publication date: 14 February 2012

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

Full work available at URL: https://eprints.bbk.ac.uk/id/eprint/7167/1/WP09-08.pdf

zbMATH Keywords

incomplete marketsmarket selection hypothesisbelief selection

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)

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Cites Work

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• Lack of Pareto Optimal Allocations in Economies with Infinitely Many Commodities: The Need for Impatience
• Merging of Opinions with Increasing Information
• Infinite Horizon Incomplete Markets
• Do Markets Favor Agents able to Make Accurate Predictions?
• On the Convergence to Homogeneous Expectations when Markets are Complete

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