The Significance of the Market Portfolio
收藏数据链接：
官方服务：
资源简介：
The market portfolio is in one sense the least important portfolio to provide to investors. In an J-agent one-period stochastic endowment economy, where preferences are quadratic, a social-welfare-minded contract designer would never create a contract that would allow trading the market portfolio.
提供机构：
美国国家经济研究局创建时间：
1997-02-01
