Rare Disasters and Risk Sharing with Heterogeneous Beliefs
收藏NBER2010-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16035
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资源简介：
Although the threat of rare economic disasters can have large effect on asset prices, difficulty in inference regarding both their likelihood and severity provides the potential for disagreements among investors. Such disagreements lead investors to insure each other against the types of disasters
提供机构：
美国国家经济研究局
创建时间：
2010-05-01
