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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
| Mediji | Grāmatas Paperback Book (Grāmata ar mīksto vāku un līmēto muguru) |
| Izlaists | 2010. gada 21. oktobris |
| ISBN13 | 9783642055676 |
| Izdevēji | Springer-Verlag Berlin and Heidelberg Gm |
| Lapas | 198 |
| Izmēri | 155 × 235 × 11 mm · 303 g |
| Valoda | Vācu |
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