Investment Decisions on Illiquid Assets pp Cite as. A number of techniques for dealing with low levels of liquidity of privately traded assets, in particular real estate, have been developed in the previous chapters. They are based on the model of search for a trading partner, which allows a formal analysis of the selling or purchasing process and the resulting net receipts or expenses. Large parts of the discussion focused on the derivation of closed form solutions that could be applied in practice using data available to investors. However, most of the hitherto considerations were only theoretical.
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Tuesday, January The transfer gossip continues to arrive thick and fast, with Manchester United, Arsenal, Chelsea, Liverpool and a host of other Premier League sides hoping to strengthen their sides in the coming months.
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