One-fund separation in incomplete markets with two assets
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DOI: 10.1016/j.frl.2017.09.003
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References listed on IDEAS
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More about this item
Keywords
One-fund separation; Incomplete markets; Heterogeneous beliefs; Risk aversion;All these keywords.
JEL classification:
- D52 - Microeconomics - - General Equilibrium and Disequilibrium - - - Incomplete Markets
- D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
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