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Utility Implications of Portfolio Selection and Performance Appraisal Models

Published online by Cambridge University Press:  19 October 2009

Ronald F. Wippern
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Extract

In recent years we have seen significant progress in the development of models of capital asset pricing and the related models of portfolio selection and performance appraisal. The central focus, in all of these models, has been one of dealing directly with the difficult and perplexing issues of the measurement of risk and the underlying theories of investor choice-making under uncertainty.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 6 , Issue 3 , June 1971 , pp. 913 - 924
Copyright
Copyright © School of Business Administration, University of Washington 1971

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References

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