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Portfolio Optimization with Linear and Fixed Transaction Costs
Portfolio Optimization Linear Fixed Transaction Costs
2015/7/10
We consider the problem of portfolio selection, with transaction costs and constraints on exposure to risk. Linear transaction costs, bounds on the variance of the return, and bounds on different shor...
Mixed oligopoly, vertical product differentiation and fixed quality-dependent costs
vertical product differentiation mixed oligopoly quality price and quantity competition
2014/6/24
A private and a public firm face fixed quality -dependent costs of production and compete first in quality and then either in prices or in quantities. In the
long run the public firm targets welfare...