Article ID Journal Published Year Pages File Type
5055365 Economic Modelling 2011 8 Pages PDF
Abstract
► We consider investment decisions in case of non-marketable investments and limited ability to gather and process information. ► Non-marketable investment may be divisible or not. ► We identify new shapes of the efficient frontier. ► Some frontiers are non-linear and exhibit intervals of discontinuity.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Investment choices: Indivisible non-marketable assets and suboptimal solutions
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