Browsing Recerca: working papers, informes, etc. by Author "García, Diego"

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Browsing Recerca: working papers, informes, etc. by Author "García, Diego"

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  • García, Diego; Urosevic, Branko (2004)
    We study a novel class of noisy rational expectations equilibria in markets with large number of agents. We show that, as long as noise increases with the number of agents in the economy, the limiting competitive equilibrium ...
  • García, Diego; Sangiorgi, Francesco; Urosevic, Branko (2004)
    We study financial markets in which both rational and overconfident agents coexist and make endogenous information acquisition decisions. We demonstrate the following irrelevance result: when a positive fraction of rational ...

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