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...

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Bibliographic Details
Published in:Quarterly Journal of Economics Vol. 81; no. 3; pp. 437 - 457
Main Author: Summers, Robert
Format: Article
Published: Oxford University Press / USA Aug67
Subjects:
Online Access:View this record in EBSCOhost