Abstract
Under quasilinear preferences, rational expectation equilibrium does not necessarily need the same subjective probabilities for heterogeneous agents, and equilibrium uniqueness is not guaranteed, either.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 107-110 |
| Number of pages | 4 |
| Journal | Economics Letters |
| Volume | 26 |
| Issue number | 2 |
| DOIs | |
| State | Published - 1988 |
All Science Journal Classification (ASJC) codes
- Finance
- Economics and Econometrics