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True or False and Explain. Let's assume investor utility is CAAR. In competitive equilibrium (CE) and Rational Expectation Equilibrium (REE), price is the weighted average
True or False and Explain. Let's assume investor utility is CAAR. In competitive equilibrium (CE) and Rational Expectation Equilibrium (REE), price is the weighted average of all traders' expected price, with weight positively correlated with how aggressive one trades. True or False and Explain. Let's assume investor utility is CAAR. In competitive equilibrium (CE) and Rational Expectation Equilibrium (REE), price is the weighted average of all traders' expected price, with weight positively correlated with how aggressive one trades
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