Ghossoub, Mario (2010): Supplement to "Belief heterogeneity in the ArrowBorchRaviv insurance model".

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Abstract
This paper is a supplement to Ghossoub [11]. In this supplement, some of the results of Ghossoub [11], as well as the techniques used to obtain these result are extended to a more general problem of demand for contingent claims with belief heterogeneity. Moreover, a general problem of monotone comparative statics under heterogeneous uncertainty is examined, and I show how the idea of vigilance can be used to obtain a monotone comparative statics result in this case.
Item Type:  MPRA Paper 

Original Title:  Supplement to "Belief heterogeneity in the ArrowBorchRaviv insurance model" 
Language:  English 
Keywords:  Subjective Probability, Heterogeneous Beliefs, Vigilance, Contingent Claims, Monotone Likelihood Ratio, Monotone Comparative Statics 
Subjects:  D  Microeconomics > D8  Information, Knowledge, and Uncertainty > D86  Economics of Contract: Theory G  Financial Economics > G1  General Financial Markets > G11  Portfolio Choice ; Investment Decisions C  Mathematical and Quantitative Methods > C6  Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C65  Miscellaneous Mathematical Tools C  Mathematical and Quantitative Methods > C0  General > C02  Mathematical Methods 
Item ID:  37717 
Depositing User:  Mario Ghossoub 
Date Deposited:  28 Mar 2012 16:53 
Last Modified:  06 Oct 2019 07:40 
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URI:  https://mpra.ub.unimuenchen.de/id/eprint/37717 