Consider the model proposed in Daniel et al. [516] and described in Sect. 9.3, with uninformed agents

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Consider the model proposed in Daniel et al. [516] and described in Sect. 9.3, with uninformed agents and overconfident informed agents. Prove Proposition 9.12.

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Financial Markets Theory Equilibrium Efficiency And Information

ISBN: 9781447174042

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Authors: Emilio Barucci, Claudio Fontana

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Question Posted: Mar 26, 2024 06:00 AM

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Consider the model proposed in Daniel et al. [516] and described in Sect. 9.3, with uninformed agents

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Financial Markets Theory Equilibrium Efficiency And Information

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