Will The SEC Survive Financial Regulatory Reform?
نویسندگان
چکیده
منابع مشابه
Will Case-Based Decision Makers Survive in a Financial Market?
I analyze whether case-based decision makers (CBDM) can survive in an asset market in the presence of expected utility maximizers. Conditions are identified, in which the CBDM retain a positive mass with probability one. CBDM can cause predictability of asset returns, high volatility and bubbles. It is found that the expected utility maximizers can disappear from the market for a finite period ...
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ژورنال
عنوان ژورنال: University of Pittsburgh Law Review
سال: 2009
ISSN: 1942-8405,0041-9915
DOI: 10.5195/lawreview.2009.149