Asset Mispricing Due to Cognitive Dissonance /
The behavior of equity prices is analyzed in a general equilibrium model where agents have preferences not only over consumption but also (implicitly) over their beliefs. To alleviate cognitive dissonance, investors endogenously choose to ignore information that conflicts too much with their ex ante...
| मुख्य लेखक: | |
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| अन्य लेखक: | |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2005.
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| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2005/009 |
| ऑनलाइन पहुंच: | Full text available on IMF |