## Abstracts and Reviews and also for the boundaries of the no-transactions region. The economy consists of a single risky asset and a riskless asset. Transactions in the risky asset incur proportional transaction costs. The investor has a power utility function and is assumed to maximize expected
β¦ LIBER β¦
On the Inefficiency of Bang-Bang and Stop-Loss Portfolio Strategies
β Scribed by Christian Gollier
- Book ID
- 110253790
- Publisher
- Springer
- Year
- 1997
- Tongue
- English
- Weight
- 263 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0895-5646
No coin nor oath required. For personal study only.
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