Technology Choice and Saving in the Presence of a Fixed Adoption Cost
โ Scribed by Charles Ka Yui Leung; Chung Yi Tse
- Book ID
- 108533734
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 81 KB
- Volume
- 5
- Category
- Article
- ISSN
- 1363-6669
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## SUMMARY We study a single risky financial asset model subject to price impact and transaction cost over an infinite horizon. An investor needs to execute a long position in the asset, affecting the price of the asset and possibly incurring a fixed transaction cost. The objective is to maximize t
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