Driving Force in Investment
Disordered Systems and Neural Networks
2008-12-02 v1 Portfolio Management
Abstract
We study investment strategy in different models of financial markets, where the investors cannot reach a perfect knowledge about available assets. The investor spends a certain effort to get information; this allows him to better choose the investment strategy, and puts a selective pressure upon assets. The best strategy is then a compromise between diversification and effort to get information.
Keywords
Cite
@article{arxiv.cond-mat/9912330,
title = {Driving Force in Investment},
author = {Andrea Capocci and Yi-Cheng Zhang},
journal= {arXiv preprint arXiv:cond-mat/9912330},
year = {2008}
}
Comments
10 pages, 5 figures