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~institution:"School of Economics and Management, University of Aarhus"
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Geometric Brownian motion
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indivisibility
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investment
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Malchow-Moeller, Nikolaj
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Thorsen, Bo Jellesmark
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School of Economics and Management, University of Aarhus
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain
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School of Economics and Finance, University of St. Andrews
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Scottish Institute for Research in Economics (SIRE)
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Anderson Graduate School of Management, University of California-Los Angeles (UCLA)
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Sonderforschungsbereich 373, Quantifikation und Simulation ökonomischer Prozesse, Wirtschaftswissenschaftliche Fakultät
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Sonderforschungsbereich 649: Ökonomisches Risiko, Wirtschaftswissenschaftliche Fakultät
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Investment under Uncertainty - the Case of Repeated Investment Options
Malchow-Moeller, Nikolaj
;
Thorsen, Bo Jellesmark
-
School of Economics and Management, University of Aarhus
case and for the case of a
geometric
Brownian
motion
. It is argued that when investment options are repeated, the simple …
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