Expectations Over Durable Assets: How to Avoid the Formation of Value Bubbles
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More about this item
Keywords
Non-Bayesian Expectations; Price Bubbles; Profit Maximization; Competition; Corruption; Mechanism Design;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
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