Recovering Ex Ante Returns and Preferences for Occupations Using Subjective Expectations Data
نویسندگان
چکیده
منابع مشابه
Subjective Beliefs and Ex-Ante Agreeable Trade
We find a necessary and sufficient condition for ex-ante trade when agents are non-expected utility maximizers. The condition is that they share subjective beliefs. Our result holds for a class of convex preferences that contains many functional forms used in applications. In a special case of expected utility, the condition becomes exactly the common prior assumption. It can also be articulate...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2513389