This paper presents a general reward-risk portfolio selection model and derives sufficient conditions for two-fund separation. In particular we show that many reward-risk models presented in the literature satisfy these conditions

Financial risk and longevity risk are the main risks affecting pension income. This paper analyses gender differences related to how financial risk taking and survival expectations are correlated. We analyse data from the “Survey of Health, Ageing and Retirement in Europe” (SHARE) database...

This is the appendix to "Aspirational Preferences and Their Representation by Risk Measures," which can be found at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1406399 We consider choice over uncertain, monetary payoffs and study a general class of preferences. These preferences favor...