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Specific Speculative Type Of Investment

Author

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  • Tihomir Janjicek

Abstract

This research work has been concentrated on impact of social learning on the investment intensity. The investors can be faced with expected short-run profitability of new investment what can make inadequate influence on investor’s incentive to invest. The model that has been used, supposes social environment of high investment activity thanks to the speculative motive.

Suggested Citation

  • Tihomir Janjicek, 2008. "Specific Speculative Type Of Investment," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 17(1), pages 47-56, june.
    • Handle: RePEc:avo:emipdu:v:17:y:2008:i:1:p:47-56
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    References listed on IDEAS

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    6. Philippe Aghion & Patrick Bolton & Christopher Harris & Bruno Jullien, 1991. "Optimal Learning by Experimentation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 621-654.
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    JEL classification:

    • G19 - Financial Economics - - General Financial Markets - - - Other

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