College Essays-How can rational agents take advantage of animal spirit agents if an asset is priced above its fundamental value? Is this strategy safe or risky?
What is meant by the term rational agents or market efficiency in the context of asset markets?
What are “animal spirit agents”? How can their presence affect the behavior of markets?
How can rational agents take advantage of animal spirit agents if an asset is priced above its fundamental value? Is this strategy safe or risky?
What is the fixed or sunk cost fallacy? How might it affect an individual making a portfolio decision?
