Efficient Markets and Information Processing: Difference between revisions
From Dickinson College Wiki
Jump to navigationJump to search
No edit summary |
No edit summary |
||
Line 2: | Line 2: | ||
<p align="center"> | <p align="center"> ''"The amount of information one can receive depends on the person's background'' | ||
knowledge about that particular information… Since different people have different | ''knowledge about that particular information… Since different people have different | ||
background knowledge about the same information, heterogeneity of opinion occurs | background knowledge about the same information'', ''heterogeneity of opinion occurs | ||
naturally." -Jing Chen'' <br> | naturally." -Jing Chen'' <br> |
Revision as of 13:05, 1 May 2006
"The amount of information one can receive depends on the person's background
knowledge about that particular information… Since different people have different
background knowledge about the same information, heterogeneity of opinion occurs
naturally." -Jing Chen