Title
Investment in Real Assets and Information Acquisition: The OCE Preferences Case
Document Type
Article
Publication Date
9-1-2002
Abstract
An agent optimizes over real investment and investment in information acquisition while maximizing a two-period utility that captures his ordinal certainty equivalent (OCE) preferences. Optimal investment is characterized and the impact of risk and time preferences on it is investigated.
DOI
10.1016/S0165-1765(02)00115-5
MSU Digital Commons Citation
Giannikos, Christos I. and Ozenbas, Deniz, "Investment in Real Assets and Information Acquisition: The OCE Preferences Case" (2002). Department of Accounting and Finance Faculty Scholarship and Creative Works. 73.
https://digitalcommons.montclair.edu/acctg-finance-facpubs/73
COinS