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The Economic Consequences of Noise Traders
De Long, J. Bradford - 1987
The claim that financial markets are efficient is backed by an implicit argument that misinformed "noise traders" can have little influence on asset prices in equilibrium. If noise traders' beliefs are sufficiently different from those of rational agents to significantly affect prices, then...
Persistent link: https://www.econbiz.de/10012476673
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Media bias
Mullainathan, Sendhil (contributor);  … - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002106337
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Media bias
Mullainathan, Sendhil; Shleifer, Andrei - 2002
Persistent link: https://www.econbiz.de/10001709752
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Competition for Attention
Bordalo, Pedro - 2015
We present a model of market competition and product differentiation in which consumers' attention is drawn to the …
Persistent link: https://www.econbiz.de/10013035556
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Media Bias
Mullainathan, Sendhil; Shleifer, Andrei - 2021
's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases …. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories …
Persistent link: https://www.econbiz.de/10013313316
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Media Bias
Mullainathan, Sendhil - 2002
's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases …. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories …
Persistent link: https://www.econbiz.de/10012469412
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Competition for attention
Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei - In: The review of economic studies 83 (2016) 2, pp. 481-513
Persistent link: https://www.econbiz.de/10011630833
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Competition for Attention
Bordalo, Pedro - 2013
We present a model of market competition and product differentiation in which consumers' attention is drawn to the …
Persistent link: https://www.econbiz.de/10012459585
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Media Bias
Mullainathan, Sendhil; Shleifer, Andrei - 2003
's attempt to simply create a memorable story. We examine competition among media outlets in the presence of these biases …. Whereas competition can eliminate the effect of ideological bias, it actually exaggerates the incentive to spin stories …
Persistent link: https://www.econbiz.de/10014107263
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Chasing noise
Mendel, Brock; Shleifer, Andrei - In: Journal of financial economics 104 (2012) 2, pp. 303-320
Persistent link: https://www.econbiz.de/10009621137