Fellner, Gerlinde; Sutter, Matthias - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005
paper we address two issuesrelated to the effects of MLA on risky investment decisions. First, we assess therelative impact … of feedback frequency and investment flexibility (via theinvestment horizon) on risky investments. Second, given that we … observehigher investments with a longer investment horizon, we examine conditionsunder which investors might endogenously opt for a …