Exotic Collections Asset Pricing: The Lagrangian Optimization
Journal of Advances in Mathematics and Computer Science · pp. 82–91 · Published 9 Oct 2014
10.9734/BJMCS/2015/13372Abstract
Exotic collections include all non-traditional financial assets that investors pursue for investments and psychological satisfaction purposes. This paper proposes a dynamic Lagrangian model to price these assets, which carry special features compared to traditional assets. The model assumes two types of agents: one has a fixed ratio of traditional investment and the other faces the tradeoff between traditional and exotic investment. The model also incorporates risks of various assets in the utility function to best mimic the real world investor decision. This paper develops the dynamic model and derives the conditions that maximize the agent’s utility in infinite lives. This paper also solves the optimization conditions to present a solution to investment decision.
Cited by 1
Biao Yang, Jinmeng Cao, Tiantong Zhou · Comput. Math. Methods Medicine · 2018
Related research
- Accessibility of Children Living with HIV/AIDS to Hospitals in Ten Districts in Indonesia — shares topic coverage
- Opportunistic Intestinal Protozoan Infections in HIV/AIDS Patients on Antiretroviral Therapy in the North West Region of Cameroon — shares topic coverage
- Nutritional Status and Dietary Diversity Among HIV-Positive Adults: A Cross-Sectional Study in South Delhi, India — shares topic coverage
- Pregnancy in Infertile Women: Outcome in Mother and Fetus, A Cross Sectional Study — shares topic coverage
- Approach to Subfertile Women Older than 38 Years-Old: Our Experience in Tunisia — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
1
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.