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Two Models of Speculation and Information

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  • Jack Hirshleifer

    (UCLA)

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  • Jack Hirshleifer, 1984. "Two Models of Speculation and Information," UCLA Economics Working Papers 329, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:329
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    File URL: http://www.econ.ucla.edu/workingpapers/wp329.pdf
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    References listed on IDEAS

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    1. Tirole, Jean, 1982. "On the Possibility of Speculation under Rational Expectations," Econometrica, Econometric Society, vol. 50(5), pages 1163-1181, September.
    2. Ronald I. McKinnon, 1967. "Futures Markets, Buffer Stocks, and Income Stability for Primary Producers," Journal of Political Economy, University of Chicago Press, vol. 75(6), pages 844-844.
    3. Diamond, Douglas W. & Verrecchia, Robert E., 1981. "Information aggregation in a noisy rational expectations economy," Journal of Financial Economics, Elsevier, vol. 9(3), pages 221-235, September.
    4. Stephen W. Salant, 1976. "Hirshleifer on Speculation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 667-675.
    5. J. Hirshleifer, 1975. "Speculation and Equilibrium: Information, Risk, and Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 89(4), pages 519-542.
    6. George Feiger, 1976. "What is Speculation?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 677-687.
    7. Robert J. Aumann, 2025. "Agreeing to Disagree," World Scientific Book Chapters, in: SELECTED CONTRIBUTIONS TO GAME THEORY, chapter 6, pages 169-173, World Scientific Publishing Co. Pte. Ltd..
    8. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    9. Grossman, Sanford J & Stiglitz, Joseph E, 1976. "Information and Competitive Price Systems," American Economic Review, American Economic Association, vol. 66(2), pages 246-253, May.
    10. Anderson, Ronald W & Danthine, Jean-Pierre, 1983. "Hedger Diversity in Futures Markets," Economic Journal, Royal Economic Society, vol. 93(37), pages 370-389, June.
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    Cited by:

    1. Michael A. S. Guth, 1989. "Intrinsic Uncertainty And Common-Knowledge Priors In Financial Economics," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(4), pages 269-283, December.

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