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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Patience Is a Virtue: In Value Investing
Organization Unit
Authors
  • Thorsten Hens
  • Klaus-Reiner Schenk-Hoppé
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title International Review of Finance
Publisher Wiley-Blackwell Publishing, Inc.
Geographical Reach international
ISSN 1468-2443
Volume 20
Number 4
Page Range 1019 - 1031
Date 2020
Abstract Text This note illustrates a simple but important insight for financial investment. In a heterogeneous agent‐based evolutionary finance market model with long‐lived assets, markets are stable if clients of fundamental ("value") investment funds are more patient than clients of other funds.
Related URLs
Digital Object Identifier 10.1111/irfi.12251
Other Identification Number merlin-id:17588
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