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Private investors have limited time available for learning about stocks as they need to divide their time between stock analysis and work. This paper analyzes the influence of learning constraintsin the form of time constraints on portfolio selection and derives both optimal portfolio holdings...
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Sustainable investment projects, such as those envisioned within the United Nations’s Sustainable Development Goals, are impossible without sustainable financing, which in turn can only be secured if investors have long-term trust in these projects. Trust problems are severe for private...
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