Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Optimal gradual liquidation of equity from a risky asset

    145621_24345_antibckwrd2008.pdf (133.1Kb)
    Access Status
    Open access
    Authors
    Dokuchaev, Nikolai
    Date
    2010
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    Dokuchaev, Nikolai. 2010. Optimal gradual liquidation of equity from a risky asset. Applied Economic Letters. 17 (13): pp. 1305-1308.
    Source Title
    Applied Economic Letters
    DOI
    10.1080/00036840902881876
    ISSN
    13504851
    Faculty
    School of Science and Computing
    Department of Mathematics and Statistics
    Faculty of Science and Engineering
    URI
    http://hdl.handle.net/20.500.11937/9153
    Collection
    • Curtin Research Publications
    Abstract

    We consider a problem of optimal gradual liquidation of equity from a risky asset for continuous time stochastic market model.The owner of the risky asset uses this equity as a source of steady cash flow by borrowing money permanently against this equity. At the terminal time, there is no equity for him in this asset, and the bank gains ownership of this asset. Optimal strategy is obtained explicitly.

    Related items

    Showing items related by title, author, creator and subject.

    • An analysis of Australian mutual fund performance and market relationships
      Pojanavatee, Sasipa (2013)
      Mutual funds are emerging as an opportunity for investors to automatically diversify their investments in such a way that all their money is pooled and the investment decisions are left to a professional manager. There ...
    • Optimization of International Joint Venture (IJV) ownership structures from a technology and knowledge transfer-linked productivity growth perspective
      Wollenberg, Alexander (2016)
      This chapter portrays a quantitative framework regarding entry mode choice and ownership structures by measuring performance under given ownership structures as the degree of efficiency in technology transfer, and knowledge ...
    • Optimizing International Joint Venture (IJV) Ownership Structures: A Technology and Knowledge Transfer-Linked Productivity Growth Perspective
      Wollenberg, Alexander (2013)
      This chapter portrays a quantitative framework regarding entry mode choice and ownership structures by measuring performance under given ownership structures as the degree of efficiency in technology transfer, and knowledge ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.