Can Financial Engineering Cure Cancer?
Traditional financing sources such as private and public equity may not be ideal for investment projects with low probabilities of success, long time horizons, and large capital requirements. Nevertheless, such projects, if not too highly correlated, may yield attractive risk-adjusted returns when c...
| Main Authors: | , , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
| Published: |
American Economic Association
2014
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| Online Access: | http://hdl.handle.net/1721.1/87773 https://orcid.org/0000-0003-2944-7773 |