THE ECONOMICS OF UNCERTAINTY, V,

Abstract

The paper contains a number of familiar results about optimal allocation of resources, and applies these to the problem of 'Portfolio Selection' originally formulated by Markowitz (Journal of Finance, 1952, p. 77-91; 'Portfolio selection - efficient diversification of investments,' John Wiley and sons, 1959). The paper also gives a brief survey of recent work on the experimental testing of the model. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1965
Accession Number
AD0613672

Entities

People

  • Karl Borch

Organizations

  • University of California, Los Angeles

Tags

DTIC Thesaurus Topics

  • Business Administration
  • California
  • Commerce
  • Economics
  • Finance
  • Investments
  • Money
  • Social Sciences
  • Uncertainty

Fields of Study

  • Economics

Readers

  • Operations Research
  • Systems Analysis and Design