A PEEK AT THE TRADEOFF RELATIONSHIP BETWEEN EXPECTED RETURN AND RISK.
This article discusses a study which analyzed an investment problem under conditions of uncertainty. To judge the value of a contingent remainder, an investor should know something about the probability density function of present values associated with it. This study found that it is possible to fi...
| Published in: | Quarterly Journal of Economics Vol. 81; no. 3; pp. 437 - 457 |
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| Format: | Article |
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Oxford University Press / USA
Aug67
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |