Kelly Kapitalwachstum Investitionskriterium: Theorie und Praxis, Hardcover von...
142,77 €
The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. There are ways to reduce this risk at the cost of lower expected final wealth using fractional Kelly strategies that blend the Kelly suggested wager with cash.
Jetzt bei Ebay:
