📄 Eur. J. Account. Finance Invest. — Volume 6, Issue 5 (2020)
European Journal of Accounting, Finance and Investment |
Volume 6, Issue 5 | 2020 | 1 Articles
Open Access
Double-Blind Peer Reviewed
ISSN: 3466-7037 (Online)
📋 Articles — Volume 6, Issue 5
Research Article
Pages 6-13
Article 1 of 1
LOGARITHMIC UTILITY MAXIMIZATION OF THE INVESTMENT STRATEGY OF AN INSURER USING THE MODIFIED CONSTANT ELASTICITY OF VARIANCE (M-CEV) MODEL
This research discussed on finding the optimal investment strategy for an insurance investor who had logarithmic utility preference and traded two assets; (i) a risk-free bond which rate of return was constant and (ii) a risky stock which rate of…