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Why you should care about investment costs: A risk-adjusted utility approach
Morten Tolver Kronborg, Søren Fiig Jarner
Department of Mathematical Sciences
3
Citations (Scopus)
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Business & Economics
Constant Relative Risk Aversion
49%
Costs
96%
Direct Effect
63%
Expected Utility
49%
Indirect Effects
100%
Investment Decision
30%
Investment Opportunities
37%
Investors
84%
Wealth
54%