Open Lecture ”Rational Expectation Models and Rational Expectation Equilibria Applications”

Author: Dr. Yuri Tserlukevich (Arizona State University)
Topic: Rational Expectation Models and Rational Expectation Equilibria Applications
Date and time: August 14, 16:00 - 18:00
Place: IPM Business School
Working language: English.

In the course of the lecture Dr. Yuri Tserlukevich presented a review of Rational Expectation (RE) Financial Literature, which analysed the formation of prices in financial markets in a setting where investors trade on public and private information. Depending on market microstructure and the ratio of informed to uninformed traders, the price gets to reflect the information on traders with a particular degree of precision. The literature contrasted with the traditional asset pricing where prices were assumed to be fully efficient.

After the lecture interested students had the opportunity to get information on applying and studying at a PhD program at Arizona State University.