Reference

Markus K. Brunnermeier, Christian Gollier, and Jonathan A. Parker, “Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns”, IDEI Working Paper, n. 429, February 2007.

JEL codes

  • D1: Household Behavior and Family Economics
  • D8: Information, Knowledge, and Uncertainty
  • G11: Portfolio Choice • Investment Decisions
  • G12: Asset Pricing • Trading Volume • Bond Interest Rates