Risk Aversion and Portfolio Choice, Vydání 19
Donald D. Hester, James Tobin
Wiley, 1967 - Počet stran: 180
Liquidity Preference as Behavior Towards Risk
Substitution and Complementarity in the Choice of Risky Assets
Efficient Portfolios with Short Sales and Margin Holdings
Další části 5 nejsou zobrazeny.
amount analysis applies assets associated assumed assumption balance behavior bonds capital capital gains cash cent changes choice components Composition concerned considered consols constant consumption correlation covariance matrix defined demand depends derived described determined discussion distribution of returns Economics effect equal equation estimated exist expected return Figure firms future given higher holding implies income increase indices indifference curves individual industry interest investment investors less loans loss offset margin mean measure negative obtain opportunity locus option parameters period portfolio positive possible probability distribution problem proportion provisions purchase rate of interest rate of return reasons reduce risk risky assets selection shift short slope Standard stock prices structure substitution suggests Table theory transactions unit utility function variance various wealth weights yield zero