search query: @author McCardle, K. F. / total: 5
reference: 2 / 5
| Author: | McCardle, K. F. Winkler, R. L. |
| Title: | All roads lead to risk preference : A turnpike theorem for conditionally independent returns. |
| Journal: | Journal of Financial and Quantitative Analysis
1989 : MAR, VOL. 24:1, p. 13-28 |
| Index terms: | PORTFOLIO INVESTMENT RISK |
| Language: | eng |
| Abstract: | A presentation of several new turnpike theorems, related to the investment in a risky asset, whose return distribution is unknown, with the assumption of the conditional independence of returns across periods. Constant relative risk aversion. Combinations of isoelastic utilities. A Table, reviewing the proportion of wealth invested across periods, illustrates the analysis. |
SCIMA