Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10001769929
Persistent link: https://www.econbiz.de/10001776806
We derive the conditions for the optimal portfolio choice within a constant relative risk aversion type of utility function considering alternative probability distributions that are able to capture the asymmetric and leptokurtic features of asset returns. We illustrate the role — beyond risk...
Persistent link: https://www.econbiz.de/10013019088