Valuing an investment project using no-arbitrage and the alpha-maxmin criteria: from Knightian uncertainty to risk

DOI10.1016/j.econlet.2019.03.007zbMath1411.91486OpenAlexW2921011225WikidataQ128225149 ScholiaQ128225149MaRDI QIDQ1741766

Robert Joliet, Yann Braouezec

Publication date: 7 May 2019

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2019.03.007

zbMATH Keywords

Knightian uncertaintyno-arbitrageinvestment decisionoption to wait\(\alpha\)-maxmin

Mathematics Subject Classification ID

Portfolio theory (91G10)

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