DRIVING FORCE IN INVESTMENT
- CAPOCCI, ANDREA Institut de Physique Théorique, Université de Fribourg, CH-1700, Switzerland
- ZHANG, YI-CHENG Institut de Physique Théorique, Université de Fribourg, CH-1700, Switzerland
- 2011-11-21
Published in:
- International Journal of Theoretical and Applied Finance. - World Scientific Pub Co Pte Lt. - 2000, vol. 03, no. 03, p. 511-522
English
We study investment strategy in different models of financial markets, where the investors cannot attain a perfect knowledge about available assets. The investor spends a certain effort to get information; this allows him to better choose the investment strategy, and puts a selective pressure upon assets. The best strategy is then a compromise between diversification and effort to get information.
- Language
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- English
- Open access status
- green
- Identifiers
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- DOI 10.1142/s0219024900000498
- ISSN 0219-0249
- Persistent URL
- https://sonar.ch/global/documents/28086
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