Biased Beliefs, Asset Prices, and Investment: A Structural Approach

Material TypeArticleLanguageEnglish
TitleBiased Beliefs, Asset Prices, and Investment: A Structural Approach Author(S)AYDOGAN ALTI (Author)
Abstract  We structurally estimate a model in which agents’ information processing biases can cause predictability in firms’ asset returns and investment inefficiencies. ...Paginationp 325–361
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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