Entry and Exit Decisions in a Equilibrium Model Under Stochastic Shocks

Shen, Keshi.
2017-04-19T18:07:54.669Z

Abstract: This thesis considers two different aspects of investors' entry and exit decisions under stochastic shock. First, I investigate the characteristics of entry and exit decisions of a portfolio choice under uncertainty and how the decisions are influenced by the uncertainty. The model result shows that by adding a risk free asset the exit trigger price of the risky asset is necessarily lowe... read more

Subjects
Tufts University. Department of Economics.
Permanent URL
http://hdl.handle.net/10427/011815
ID: tufts:21290
To Cite: DCA Citation Guide