search query: @author Ewert, R. / total: 9
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| Author: | Ewert, R. |
| Title: | Bilanzielle Publizitat im Lichte der Theories vom gesellschaftlichen Wert offentlich verfugbarer Information (The publicity of the balance in the light of the theory of social value of public information) |
| Journal: | Betriebswirtschaftliche Forschung und Praxis
1989 : NR. 3, p. 245-263 |
| Index terms: | EQUILIBRIUM ANALYSIS PUBLICITY PORTFOLIO MANAGEMENT |
| Language: | ger |
| Abstract: | An equilibrium model of portfolio selection is presented and the impact of public information on the Pareto efficiency of the solution is investigated. It is demonstrated that public information cannot harm any of the participants if the pre-information situation was an equilibrium one; the condition for loss of utility in a non-equilibrium position are given. |
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