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    AUTOMATICA
    2010
    87views more  AUTOMATICA 2010»
    Mutual fund competition in the presence of dynamic flows
    14 years 11 months ago
    Mutual fund competition in the presence of dynamic flows
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    This paper analyzes competition between mutual funds in a multiple funds version of the model of Hugonnier and Kaniel [17]. We characterize the set of equilibria for this portfoli...
    Michèle Breton, Julien Hugonnier, Tarek Mas...
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