Authors:
Georg Weizsäcker (HU Berlin)
Ludwig Ensthaler (Rocket Internet)
Olga Nottmeyer (IZA Bonn)
Christian Zankiewicz (Federal Ministry of Economic Affairs)
Published 2018 in:
Management Science, 64(4), 1693-1706
Access:
Hidden Skewness: On the Difficulty of Multiplicative Compounding Under Random Shocks