Modeling Asset Interconnectedness on Investment Models
Gema Pastor-Agustín (),
Marisa Ramírez-Alesón and
Manuel Espitia-Escuer
International Advances in Economic Research, 2010, vol. 16, issue 2, 203-212
Abstract:
This paper assesses an investment model for firms making decisions on interconnected assets. Introducing heterogeneity and interconnections implies new considerations about investment decision drivers. The paper also analyzes the optimum conditions under this new framework. In fact, it is observed that considering a continuous or a discrete time model implies different assumptions. The paper thus provides an investment model of a recognized but not yet formalized reality. Copyright International Atlantic Economic Society 2010
Keywords: Investment models; Interconnectedness; Continuous time; Discrete time; C62; D92; G31; M21 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:kap:iaecre:v:16:y:2010:i:2:p:203-212:10.1007/s11294-010-9254-3
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DOI: 10.1007/s11294-010-9254-3
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