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Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance - Springer Finance Alexandre C. Ziegler Softcover reprint of hardcover 1st ed. 2003 edition
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Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance - Springer Finance
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.
211 pages, 8 black & white tables, biography
| Mídia | Livros Paperback Book (Livro de capa flexível e brochura) |
| Lançado | 21 de outubro de 2010 |
| ISBN13 | 9783642055676 |
| Editoras | Springer-Verlag Berlin and Heidelberg Gm |
| Páginas | 198 |
| Dimensões | 155 × 235 × 11 mm · 303 g |
| Idioma | Alemão |
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