Cover Image

Incomplete Information and Heterogeneous Beliefs in Continuous-time Finance /

Show other versions (1)

This book considers the impact of incomplete information and heterogeneous beliefs on investor's optimal portfolio and consumption behavior and equilibrium asset prices. After a brief review of the existing incomplete information literature, the effect of incomplete information on investors...

Full description

Bibliographic Details
Main Author: Ziegler, Alexandre
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2003.
Series:Springer finance.
Subjects:
Economics.
Finance.
Electronic books.
Online Access:Connect to the full text of this electronic book
Table of Contents:
  • Incomplete Information: An Overview
  • The Impact of Incomplete Information on Utility, Prices, and Interest Rates
  • Optimal Portfolio Choice Under Heterogeneous Beliefs
  • Optimal Consumption Under Heterogeneous Beliefs
  • Equilibrium Asset Pricing Under Heterogeneous Beliefs
  • Costly Information, Imperfect Learning, and Information Aggregation
  • Summary and Conclusion.