Sentimental herding in Borsa Istanbul: informed versus uninformed
نویسندگان
چکیده
منابع مشابه
The Informed and Uninformed Agent's Price of a Contingent Claim
The existence of an adapted solution to a backward stochastic differential equation which is not adapted to the ltration of the underlying Brownian motion is proved. This result is applied to the pricing of contingent claims. It allows to compare the prices of agents who have di erent information about the evolution of the market. The problem is considered in both the classical and the F ollme...
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ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2014
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2014.902015