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Subjectivism and Economic Analysis: Essays in memory of Ludwig ...

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CONTENTS10 Expectations <strong>and</strong> stock market prices 183JOCHEN RUNDE AND JÖRG BIBOWExpectations 184Divergent expectations <strong>and</strong> equity prices 186Diverse op<strong>in</strong>ion <strong>and</strong> equity prices 188Conclusion 196Notes 197References 199Index 201x

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