Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies in an Endowment Economy

B-Tier
Journal: Review of Economic Dynamics
Year: 2016
Volume: 20
Pages: 215-239

Authors (3)

Yili Chien (not in RePEc) Harold Cole (not in RePEc) Hanno Lustig (University of California-Los A...)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper analyzes and computes the equilibria of economies with large numbers of heterogeneous agents who have different asset trading technologies, preferences and beliefs. We illustrate the value of our method by using it to evaluate the implications of these heterogeneities through several quantitative exercises. (Copyright: Elsevier)

Technical Details

RePEc Handle
repec:red:issued:14-172
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25