Translation Invariance of Investment

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dc.creatorHirashita, Yukio
dc.date2007-03-03
dc.date.accessioned2026-07-07T07:50:09Z
dc.date.available2026-07-07T07:50:09Z
dc.descriptionFor a game with positive profit, the optimal proportion of investment required to continue investing without borrowing is uniquely determined by an integral equation for each price. For a game with parallel translated profit, the ratio of the optimal proportion of investment to its price has some invariance properties. The optimal price of a game with parallel translated profit converges to its expectation divided by e to the riskless interest rate for a certain period.
dc.description5 pages
dc.identifierhttps://arxiv.org/abs/math/0703078
dc.identifierhttp://arxiv.org/abs/math/0703078
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/125072
dc.subjectOptimization and Control
dc.subject91B28 (Primary); 45G15 (Secondary)
dc.titleTranslation Invariance of Investment
dc.typetext

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