Question: Again using the DHS model, suppose that Î¸=1; =1; =2; =1; and s1=2. Describe and comment on the path of prices when overconfident investors determine

Again using the DHS model, suppose that Î¸=1; =1; =2; =1; and s1=2. Describe and comment on the path of prices when overconfident investors determine prices vs. the rational path of prices.

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