蝌蚪网 Review
ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)
International Robust Disagreement
蝌蚪网 Review
(pp. 152–55)
Abstract
We characterize the equilibrium of a two-country, two-good economy in which agents have opposite preference bias toward one of the two consumption goods and fear model misspecification. We document that disagreement about endowments' growth prospects is a persistent endogenous outcome of this class of economies.Citation
Colacito, Riccardo, and Mariano M. Croce. 2012. "International Robust Disagreement." 蝌蚪网 Review 102 (3): 152–55. DOI: 10.1257/aer.102.3.152JEL Classification
- D11 Consumer Economics: Theory
- D81 Criteria for Decision-Making under Risk and Uncertainty
- D83 Search; Learning; Information and Knowledge; Communication; Belief