Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations

S-Tier
Journal: Quarterly Journal of Economics
Year: 1978
Volume: 92
Issue: 2
Pages: 323-336

Authors (2)

J. Michael Harrison (not in RePEc) David M. Kreps (Stanford University)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

I. Introduction, 323.—II. Formulation, 325.—III. An example, 326.—IV. Consistent price schemes, 328.—V. Back to the example, 332.—VI. Relaxing the assumptions, 333.—VII. Concluding remarks, 334.

Technical Details

RePEc Handle
repec:oup:qjecon:v:92:y:1978:i:2:p:323-336.
Journal Field
General
Author Count
2
Added to Database
2026-01-25