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Adequate Decision Rules for Portfolio Choice Problems

by

Goodall, Thilo

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borgasorus
Rating: (519) 84% Ships From: Wentzville, MO Shipping: Standard, Expedited Comments: Student Edition. No CD
Included. Light dirt, wear,
fading or curling of
cover or ... [more] Student Edition. No CD
Included. Light dirt, wear,
fading or curling of
cover or spine. Good
Binding. Minimal, if any
highlighting or writing.
Cover has used book
stickers or residue. [less]
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Adequate Decision Rules for Portfolio Choice Problems, ISBN 9780333994320 Own This Book? Sell It
ISBN-13:

9780333994320

ISBN:

0333994329

Publisher: Palgrave Macmillan Summary: The author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that current decision rules are inadequate for most portfolio choice situations. Drawing on econometric solutions proposed fo [read more]
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Product Details
ISBN-13:

9780333994320


ISBN:

0333994329


Publisher: Palgrave Macmillan

The author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that current decision rules are inadequate for most portfolio choice situations. Drawing on econometric solutions proposed for the problem of forecasting outcomes of a chance experiment, the author defines adequacy criteria, and proposes adequate decision rules for a variety of situations.

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