| 期刊全称 | Adequate Decision Rules for Portfolio Choice Problems | | 影响因子2023 | Thilo Goodall | | 视频video | | | 学科分类 | Finance and Capital Markets Series | | 图书封面 |  | | 影响因子 | 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. Goodall‘s theory combines the problems of prediction and choice, and formulates solutions based on cost functions that fit the underlying decision situation. | | Pindex | Book 2002 |
The information of publication is updating
|
|
发表于 2025-3-21 17:11:58
