Information and Heterogeneous Beliefs: Cost of Capital, Trading Volume, and Investor Welfare
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KeywordsHeterogeneous Beliefs; Public Information Quality; Dynamic Trading; Cost of Capital; Investor Welfare;
- G1 - Financial Economics - - General Financial Markets
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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