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-based theory with strategic bargaining to study investors’ dynamic portfolio choice and equilibrium asset prices in intermediated …
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In the context of decentralized portfolio optimization, understanding how to distribute a fixed budget among decentralized intermediaries is a relevant investment problem, that has been recently introduced in the mathematical economics literature. While existing contributions focus on incentive...
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The Conference of the Parties (COP) has proven a valuable outlet to advance the climate agenda. The combination of high media coverage, extremely high expectations set by influential environmentalists, and unanimity rules has, however, started to limit its effectiveness. Technical issues can...
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