2005•Alexandria (UniSG) (University of St.Gallen)Open access

Is there Evidence of Pessimism and Doubt in Subjective Distributions? Implications for the Equity Premium Puzzle

Paolo Giordani, Paul Söderlind

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Key concepts: Overconfidence effect, Equity premium puzzle, Economics, Pessimism, Equity (law), Consumption (sociology), Empirical evidence, Econometrics

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Is there Evidence of Pessimism and Doubt in Subjective Distributions? Implications for the Equity Premium Puzzle — Research Paper | ScholarLens