Abstract: This paper extends subjective expectations theory to form a new approach called the discovering markets hypothesis (DMH). Market participants form expectations on the basis of subjective...
Marius Kleinheyer
Marius Kleinheyer (marius.kleinheyer@fvsag.com) is a research analyst at the Flossbach von Storch Research Institute in Köln, Germany and PhD candidate at the University Rey Juan Carlos, Madrid.
