Boswijk, Peter; Hommes, Cars H.; Manzan, Sebastiano - Tinbergen Instituut - 2005
This discussion paper led to a publication in the <I>Journal of Economic Dynamics and Control</I>. Volume 31(6), pp. 1938-1970.<P> We estimate a dynamic asset pricing model characterized by heterogeneous boundedly rational agents. The fundamental value of the risky asset is publicly available to all...</p></i>
