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...

詳細記述

書誌詳細
第一著者: Eckwert, Bernhard
その他の著者: Drees, Burkhard
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2005.
シリーズ:IMF Working Papers; Working Paper ; No. 2005/009
オンライン・アクセス:Full text available on IMF