Working paper

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

Markus K. Brunnermeier, Christian Gollier, and Jonathan A. Parker

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

Replaced by

Markus K. Brunnermeier, Christian Gollier, and Jonathan A. Parker, Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns, American Economic Review, vol. 97, n. 2, May 2007, pp. 159–165.

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.

See also

Published in

IDEI Working Paper, n. 429, February 2007