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4 Results

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  • Publication Type

    • Working Paper (3)
    • Journal Article (1)
  • Research

    • International Macroeconomics (4)
    • Macroeconomic Research (4)
  • Experts

    • Albrecht Irle (4)
    • Claas Prelle (2)
    • Jonas Kauschke (2)
    • Mishael Milakovic (2)
    • Thomas Lux (2)
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    • Kiel Working Papers (3)
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  • Experts: Albrecht Irle
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  1. Working Paper

    Switching Rates and the Asymptotic Behavior of Herding Models

    Kiel Working Papers
    02/2010
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    Albrecht Irle, Jonas Kauschke, Thomas Lux ...

    Markov chains have experienced a surge of economic interest in the form of behavioral agent-based models that aim at explaining the...

  2. Journal Article

    Switching Rates and the Asymptotic Behavior of Herding Models

    Advances in Complex Systems
    06/2011
    Albrecht Irle, Jonas Kauschke, Thomas Lux ...

    Markov chains have experienced a surge of economic interest in the form of behavioral agent-based models that aim at explaining the...

  3. Working Paper

    A renewal theoretic result in portfolio theory under transaction costs with multiple risky assets

    Kiel Working Papers
    09/2008
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    Claas Prelle, Albrecht Irle

    We consider a portfolio optimization problem in a Black-Scholes model with n stocks, in which an investor faces both fixed and proportional...

  4. Working Paper

    A Note on Arbitrage under Transaction Costs

    Kiel Working Papers
    09/2008
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    Claas Prelle, Albrecht Irle

    Guasoni (2006) introduced a simple condition for the absence of arbitrage opportunities. In this note we show that his results remain valid...

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