The authors thank Yong Miao Hong, Raji Jayaraman, Carsten Krabbe Nielsen, Werner Ploberger, Andrew Postlewaite, Alvaro Sandroni, Bill Zame, two anonymous referees, and seminar audiences at the University of Arizona, UCSB, Cornell University, Duke University, Erasmus University, The Hebrew University of Jerusalem, the University of Iowa, Johns Hopkins University, Notre Dame, the University of Rochester, Stanford University, the Santa Fe Institute, the Stockholm School of Economics, UCLA, the University of Wisconsin, and Yale University for stimulating conversation. We thank the National Science Foundation for research support under grants SES-98-08690 and SES-01-36307, and the Santa Fe Institute. Blume gratefully acknowledges research support from the Cowles Foundation for Economic Research and the Department of Economics at Yale University.
If You're so Smart, why Aren't You Rich? Belief Selection in Complete and Incomplete Markets
Version of Record online: 19 JUN 2006
Volume 74, Issue 4, pages 929–966, July 2006
How to Cite
Blume, L. and Easley, D. (2006), If You're so Smart, why Aren't You Rich? Belief Selection in Complete and Incomplete Markets. Econometrica, 74: 929–966. doi: 10.1111/j.1468-0262.2006.00691.x
- Issue online: 19 JUN 2006
- Version of Record online: 19 JUN 2006
- Manuscript received March, 2001; final revision received December, 2005.
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