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Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance - Springer Finance 2003 edition
Alexandre C. Ziegler
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Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance - Springer Finance 2003 edition
Alexandre C. Ziegler
After a brief review of the existing incomplete information literature, the effect of incomplete information on investors' exptected utility, risky asset prices, and interest rates is described. It is demonstrated that increasing the quality of investors' information need not increase their expected utility and the prices of risky assets.
198 pages, 8 black & white tables, biography
| Medie | Bøger Hardcover bog (Bog med hård ryg og stift omslag) |
| Udgivet | 26. februar 2003 |
| ISBN13 | 9783540003441 |
| Forlag | Springer-Verlag Berlin and Heidelberg Gm |
| Antal sider | 198 |
| Mål | 155 × 235 × 14 mm · 426 g |
| Sprog | Engelsk Tysk |
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