Effects of financial innovations on market volatility when beliefs are heterogeneousFernando Zapatero1998-04-01articleJournal of Economic Dynamics and Control191 citationsclosedNo readable copy stored yet — this record is metadata only.Economic theories and modelsFinancial Markets and Investment StrategiesStochastic processes and financial applicationsAbstractNo abstract was published for this record.Citations in this libraryStored only when both papers are in the corpus — 191 citations exist upstream.References1985Continuous Auctions and Insider Trading1971Optimum consumption and portfolio rules in a continuous-time model1987A Simple Model of Capital Market Equilibrium with Incomplete Information1985The equity premium: A puzzle1978Asset Prices in an Exchange Economy1979Martingales and arbitrage in multiperiod securities markets1985An Intertemporal General Equilibrium Model of Asset Prices1993Differences of Opinion Make a Horse RaceCited by2000Equilibrium Mispricing in a Capital Market with Portfolio Constraints2020A Risk-Centric Model of Demand Recessions and Speculation*2010Asset Prices with Heterogeneity in Preferences and Beliefs2013Bubbles, Crises, and Heterogeneous Beliefs2004Heterogeneous Beliefs, Speculation and Trading in Financial Markets2006Heterogeneous beliefs, asset prices, and volatility in a pure exchange economy2022Sentiment and Speculation in a Market with Heterogeneous Beliefs2023The Impact of Derivatives on Spot Markets: Evidence from the Introduction of Bitcoin Futures Contracts