A two-player portfolio tracking game

HIGHLIGHTS

  • who: Moritz Voß from the (UNIVERSITY) have published the paper: A two-player portfolio tracking game, in the Journal: (JOURNAL)
  • what: Again, as expected from the analysis above, in a plastic market it is optimal for agent 2 to excessively prey on the first agent who aims for a much larger asset position by buying up to three times more shares than his actual target inventory predetermines.
  • future: In fact it turns out that in equilibrium similar to the single-player solution presented both agents anticipate their individual running target portfolio by gradually . . .

     

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