The author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that current decision rules are inadequate for most portfolio choice situations. Drawing on econometric solutions proposed for the problem of forecasting outcomes of a chance experiment, the author defines adequacy criteria, and ...
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The author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that current decision rules are inadequate for most portfolio choice situations. Drawing on econometric solutions proposed for the problem of forecasting outcomes of a chance experiment, the author defines adequacy criteria, and proposes adequate decision rules for a variety of situations. Goodall's theory combines the problems of prediction and choice, and formulates solutions based on cost functions that fit the underlying decision situation.
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Add this copy of Adequate Decision Rules for Portfolio Choice Problems to cart. $71.69, very good condition, Sold by Midtown Scholar Bookstore rated 5.0 out of 5 stars, ships from Harrisburg, PA, UNITED STATES, published 2002 by Palgrave Macmillan.
Add this copy of Adequate Decision Rules for Portfolio Choice Problems.. to cart. $93.34, very good condition, Sold by Burwood Books rated 4.0 out of 5 stars, ships from Wickham Market, SUFFOLK, UNITED KINGDOM, published 2002 by Palgrave / Macmillan.
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Very good. First Edition. Hardback. No Dustjacket. 8vo. Illustrated laminated boards. pp xiii, 114. Figures. Published at a mind boggling $180. Finance and capital markets. ISBN 0333994329. Lower corners slightly bumped otherwise near fine.
Add this copy of Adequate Decision Rules for Portfolio Choice Problems to cart. $119.70, new condition, Sold by Ria Christie Books rated 5.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 2002 by Palgrave MacMillan.
Add this copy of Adequate Decision Rules for Portfolio Choice Problems to cart. $121.81, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2002 by Palgrave Macmillan.