Ghossoub, Mario
(2010):
*Supplement to "Belief heterogeneity in the Arrow-Borch-Raviv 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 |
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Original Title: | Supplement to "Belief heterogeneity in the Arrow-Borch-Raviv 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.uni-muenchen.de/id/eprint/37717 |