Dorfleitner, Gregor; Leidl, Michaela; Reeder, Johannes - Centre Emile Bernheim, Solvay Brussels School of … - 2010
We complement standard portfolio theory à la Markowitz by adding a social dimension. We distinguish between two main setups, taking social returns as stochastic in the first, but as deterministic in the second. Two main features need to be introduced: Every asset must be assigned a...