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Contribution Details

Type Conference Presentation
Scope Discipline-based scholarship
Title The Identification of Beliefs from Asset Demand
Organization Unit
Authors
  • Felix Kübler
  • Herakles Polemarchakis
Presentation Type paper
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Event Title 2016 NSF/NBER/CEME Mathematical Economics Conference
Event Type conference
Event Location Johns Hopkings University, Baltimore US
Event Start Date October 29 - 2016
Event End Date October 30 - 2016
Abstract Text The demand for assets as prices and initial wealth vary identi es beliefs and attitudes towards risk. We derive conditions that guarantee identi cation with no knowledge either of the cardinal utility index (attitudes towards risk) or of the distribution of future endowments or payo s of assets; the argument applies even if the asset market is incomplete and demand is observed only locally.
Official URL http://www.econ2.jhu.edu/conferences/mathecon2016/conf_program.pdf
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