Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10002936192
The multi-asset investment renewal problem is characterized by two types of costs: transaction costs incurred when any renewal takes place at a point in time, and investment costs which are associated with renewing individual assets. A discrete-time version of this renewal scheduling problem is...
Persistent link: https://www.econbiz.de/10009204437