Semmler, Willi; Lessmann, Kai; Tahri, Ibrahim; Braga, … - In: Annals of Operations Research 334 (2022) 1, pp. 265-286
-termism: the discount rate, the nature of discounting (exponential vs. hyperbolic), and the decision horizon of investors itself … shorter decision horizon. We extend our model to include a portfolio of two assets with fluctuating returns. For both model …
