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Investment Decisions on Illiquid Assets: A Search Theoretical Approach to Real Estate Liquidity Jaroslaw Morawski 2009 edition
Investment Decisions on Illiquid Assets: A Search Theoretical Approach to Real Estate Liquidity
Jaroslaw Morawski
Real estate, private equity, arts, and even wine are gaining increasing popularity as capital investments. Attractive risk-return profiles and high diversification potentials make them valuable additions to investment portfolios. Their main drawback, however, is the low level of liquidity. Such assets cannot be bought or sold quickly without compromising large portions of their value. Despite its high practical relevance, this issue has so far received only little attention from researchers.
438 pages, 16 black & white tables, biography
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | December 11, 2008 |
| ISBN13 | 9783834910042 |
| Publishers | Springer Fachmedien Wiesbaden |
| Pages | 438 |
| Dimensions | 148 × 210 × 24 mm · 562 g |
| Language | English German |
| Contributor | Prof. Dr. Heinz Rehkugler |