Hetergeneous Beliefs and Routes to Chaos in a Simple Asset Pricing Model

William Brock and Cars Hommes

Working papers from Wisconsin Madison - Social Systems

Abstract: This paper investigates the dynamics in the simple present discounted value asset pricing model with heterogeneous beliefs.

Keywords: ASSET PRICING; RISK (search for similar items in EconPapers)
JEL-codes: G10 G12 (search for similar items in EconPapers)
Pages: 30 pages
Date: 1996
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Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Heterogeneous beliefs and routes to chaos in a simple asset pricing model (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:att:wimass:9621

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