Risk-Aversion and the Investment-Uncertainty Relationship: A Comment
Risk-Aversion and the Investment-Uncertainty Relationship: A Comment
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风险规避和投资不确定性关系：评论
DOI：
10.1016/j.jebo.2003.08.002
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发表时间：
2005
影响因子：
2.2
通讯作者：
Davide Ticchi
中科院分区：
文献类型：
--
作者：
Enrico Saltari;Davide Ticchi
本文表明中村[Journal of Economic Behaviour and Organization 38 (1999) 357]模型的解是不正确的。我们提出了一个替代框架，使我们能够获得投资与不确定性关系的封闭式结果。
This paper shows that the solution of Nakamura’s [Journal of Economic Behavior and Organization 38 (1999) 357] model is incorrect. We propose an alternative framework that allows us to obtain closed form results on the investment-uncertainty relationship.