Uploaded May 2021 | Updated September 2026, 3 weeks ago
In this video we work through the continuous time version of the Grossman model. The main takeaway from this video is that the choice of time horizon can really make identifying an equilibrium concept by hand either difficult or easy.
In this video we work through the continuous time version of the Grossman model. The main takeaway from this video is that the choice of time horizon can really make identifying an equilibrium concept by hand either difficult or easy.










