Asset Pricing with Heterogeneous Beliefs
By Suleyman Basak. 2005
294 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/3a4933fa5621197002fe7d2e5d0c4a33e4c7b86e
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Mikhail Chernov
- Hongjun Yan
- Philippe Mueller
- Zhongjun Qu
- Tim Bollerslev
- Torben G. Andersen
- David K. Backus
In Finance
- Mikhail Chernov
- Hongjun Yan
- Philippe Mueller
- Zhongjun Qu
- Tim Bollerslev
- Torben G. Andersen
- V. Todorov
- Christopher S. Jones
Citations in the corpus
- Disagreement and asset prices. (2014, unknown): “Basak (2005) provides a good survey.”
- The Term Structure of Inflation Expectations (2012, methodology): “See Basak (2005) for a review.”
- Heterogeneous Expectations and Bond Markets (2010, methodology): “Our model complements the earlier equilibrium models with heterogeneous beliefs, e.g., Detemple and Murthy (1994) and Basak (2000, 2005).”
- Asset Prices and Exchange Rates (2007, unknown): “The description of the setting is intentionally dense, and we refer the reader to Basak (2005) for more detail.”
- Disagreement and Learning: Dynamic Patterns of Trade (2010, unknown): “Moreover, as Brav and Heaton (2002) point out, models in which investors exhibit “rational structural uncertainty” and differences of opinion are often observationally and mathematically equivalent to models in which investors exhibit behavioral biases. This may increase the appeal of DO models sinc”
- Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility (2009, unknown): “(6)For a comprehensive study of the influence of heterogeneous beliefs on asset prices, see Basak (2005) and Jouini and Napp (2006). (7)One class of models shows that, with sufficiently deviant priors, Bayesian, rational learning alone can serve to develop theoretical models with volatility that mat”
- Asset Prices with Heterogeneity in Preferences and Beliefs (2014, unknown): “3 (1995) provides a good philosophical discussion of this modeling approach.5 Excellent reviews of this literature are provided in Basak (2005) and Jouini and Napp (2007).”