Now showing items 1-1 of 1

  • Optimal growth and uncertainty: learning 

    Koulovatianos, Christos; Mirman, Leonard J.; Santugini, Marc (Elsevier, 2009-01)
    We introduce learning in a Brock-Mirman environment and study the effect of risk generated by the planner's econometric activity on optimal consumption and investment. Here, learning introduces two sources of risk about ...