Journal of Economic Theory
Выпуск N2 за 1970 год
The structure of investor preferences and asset returns, and separability in portfolio allocation: a contribution to the pure theory of mutual funds [статья]
Опубликовано на портале: 18-03-2003David Cass Journal of Economic Theory. 1970. Vol. 2. No. 2. P. 122-60 .
Discusses the structure of investor preferences and asset returns, and separability in portfolio allocation. Conditions under which mutual funds can be formed; Conditions under which the more restrictive separation into risky and safe assets can occur; Isolation of the peculiar role played by money. (Из Ebsco)