Detail The Effect on Optimal Portfolios of Changing The Return to A Risky Asset : The Case of Dependent Risky Returns   Oleh:  Orminston, Michael B. ; Meyer, Jack Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 35 no. 3 (1994), page 603-612. Topik: ASSET; portfolios; risky asset; risky returns Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel When the return to a risky asset is altered an investor's optimal portfolio is likely to change. In working out the details of these changes for expected utility maximizing investors previous research has focused on portfolios composed of one risky and one riskless asset or two independent risky assets. This research considers portfolios where the risky returns can be stochastically dependent. Existing comparative static theorems are extended to the case of dependent risky returns with the independence assumption replaced by weaker restrictions. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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