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National Repository of Grey Literature

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Dynamické chování racionálního inestora na trhu s limitními objednávkami Šmíd, Martin We generalize the traditional continuous time portfolio selection problem (Problem T) for the case of a nonzero bid-ask spread (Problem S) and, further, for the case that the investor may put limit orders (Problem L). We show that Problem L reduces to Problem S (if the spread is non-zero) or to Problem T (if the spread is zero). Detailed record

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