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Aggregation of Heterogenous Beliefs and Asset Pricing in Complete Financial Markets
16 references·3 citing·47 second hop
Aggregation of Heterogenous Beliefs and Asset Pricing in Complete Financial Markets (2001)Aggregation of Heterogenous Beliefs and A…Existence of an equilibrium for a competitive economy (2008)Existence of an equilibrium f…The Equity Premium: It's Still a Puzzle (1996)The Equity Premium: It's Stil…Bounded Rationality in Macroeconomics (1995)Bounded Rationality in Macroe…Evolution and market behavior (1992)Evolution and market behaviorThe Noise Trader Approach to Finance (1990)The Noise Trader Approach to …Habit Formation: A Resolution of the Equity Premium Puzzle (1990)Habit Formation: A Resolution…Asset Prices under Habit Formation and Catching up with the Joneses (1990)Asset Prices under Habit Form…The Equity Premium Puzzle and the Riskfree Rate Puzzle (1989)The Equity Premium Puzzle and…Theory of Financial Decision Making. (1988)Theory of Financial Decision …The equity premium: A puzzle (1985)The equity premium: A puzzleDo Sunspots Matter? (1983)Do Sunspots Matter?Self-fulfilling prophecies (1981)Self-fulfilling propheciesPrices of State-Contingent Claims Implicit in Option Prices (1978)Prices of State-Contingent Cl…THE DEMAND FOR RISKY ASSETS (1977)THE DEMAND FOR RISKY ASSETSRISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)RISK, UNCERTAINTY, AND DIVERG…Essays in the Theory of Risk-Bearing. (1972)Essays in the Theory of Risk-…Discounting and divergence of opinion (2010)Discounting and divergence of…A Framework for CAPM with Heterogeneous Beliefs (2009)A Framework for CAPM with Het…Replicator dynamics in a Cobweb model with rationally heterogeneous expectations (2006)Replicator dynamics in a Cobw…Criteria for Choice Among Risky Ventures (1959)An Intertemporal Capital Asset Pricing Model (1973)The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money (1989)Why do people pay taxes? (1992)Economic foundations of cost-effectiveness analysis (1997)Inequality, Social Insurance, and Redistribution (2001)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Jumps and Stochastic Volatility: Exchange Rate Processes Implicit in Deutsche Mark Options (1996)Post-'87 crash fears in the S&P 500 futures option market (2000)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Theory of games and economic behavior (2019)Theory of Value (1959)Implied Binomial Trees (1994)Implied Volatility Functions: Empirical Tests (1998)Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)Theory of rational option pricing (2005)Optimum consumption and portfolio rules in a continuous-time model (1971)Time to Build and Aggregate Fluctuations (1982)Noise Trader Risk in Financial Markets (1990)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Investor Psychology and Asset Pricing (2001)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)The Behavior of Stock-Market Prices (1965)Judgment under Uncertainty: Heuristics and Biases (1975)Continuous Auctions and Insider Trading (1985)The Impact of Social Structure on Economic Outcomes (2005)An Engine, Not a Camera (2006)The short of it: Investor sentiment and anomalies (2011)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Foundations of Economic Analysis. (1948)Equilibrium points in n -person games (1950)A Social Equilibrium Existence Theorem* (1952)The Anatomy of Market Failure (1958)Towards an economic theory of the multiproduct firm (1982)Systemic risk in banking ecosystems (2011)Asset Prices in an Exchange Economy (1978)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Moral Hazard and Observability (1979)Prospect theory: An analysis of decision under risk (1988)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Prospect Theory and Asset Prices (2001)
this work references cited by second hop

References

  • 1985The equity premium: A puzzle5,785 cited
  • 1972Essays in the Theory of Risk-Bearing.3,991 cited
  • 1977RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION3,714 cited
  • 2008Existence of an equilibrium for a competitive economy3,041 cited
  • 1978Prices of State-Contingent Claims Implicit in Option Prices2,209 cited
  • 1990Habit Formation: A Resolution of the Equity Premium Puzzle2,129 cited
  • 1990Asset Prices under Habit Formation and Catching up with the Joneses2,021 cited
  • 1988Theory of Financial Decision Making.1,867 cited
  • 1990The Noise Trader Approach to Finance1,636 cited
  • 1977THE DEMAND FOR RISKY ASSETS1,052 cited
  • 1983Do Sunspots Matter?1,017 cited
  • 1996The Equity Premium: It's Still a Puzzle944 cited
  • 1989The Equity Premium Puzzle and the Riskfree Rate Puzzle922 cited
  • 1995Bounded Rationality in Macroeconomics895 cited
  • 1981Self-fulfilling prophecies810 cited
  • 1992Evolution and market behavior553 cited

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2010
Discounting and divergence of opinion
71 cited
  • 2006Replicator dynamics in a Cobweb model with rationally heterogeneous expectations67 cited
  • 2009A Framework for CAPM with Heterogeneous Beliefs26 cited