Hidden Skewness: On the Difficulty of Multiplicative Compounding Under Random Shocks

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:

Access publication

Hidden Skewness: On the Difficulty of Multiplicative Compounding Under Random Shocks