Investment Decisions on Illiquid Assets: A Search Theoretical Approach to Real Estate Liquidity - Jaroslaw Morawski - Books - Springer Fachmedien Wiesbaden - 9783834910042 - December 11, 2008
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Investment Decisions on Illiquid Assets: A Search Theoretical Approach to Real Estate Liquidity 2009 edition

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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

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