Modern Economy

Vol.6 No.6(2015), Paper ID 57466, 15 pages

DOI:10.4236/me.2015.66072

 

Transversality and the Stochastic Nature of Cash Flows

 

Lutz Kruschwitz, Andreas Löffler

 

Department of Finance, Accounting, and Taxation, School of Business and Economics, Freie Universitat Berlin, Berlin, Germany
Department of Finance, Accounting, and Taxation, School of Business and Economics, Freie Universitat Berlin, Berlin, Germany

 

Copyright © 2015 Lutz Kruschwitz, Andreas Löffler et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article


Kruschwitz, L. and Löffler, A. (2015) Transversality and the Stochastic Nature of Cash Flows. Modern Economy, 6, 755-769. doi: 10.4236/me.2015.66072.

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