Branger, Nicole; Schlag, Christian; Wu, Lue - Universität <Münster, Westfalen> / Lehrstuhl für … - 2007
realistic parameter
scenarios, they can loose on average half of their wealth within twenty years.
Keywords: Asset Pricing, Two-Tree … Economy, Asymmetric Information,
Learning, Long-Run Survival
JEL: G11, G12
Finance Center M unster, Westf alische Wilhelms …