Two-Period Model: State-Preference Approach

Thorsten Hens and Marc Oliver Rieger
Additional contact information
Thorsten Hens: University of Zurich
Marc Oliver Rieger: University of Trier

Chapter 4 in Financial Economics, 2016, pp 139-209 from Springer

Abstract: Abstract decisions on the mean-variance approach mean-variance approach. This helped us to develop a model for pricing assets on a financial market, the capital asset pricing model CAPM. In this chapter we want to generalize this model in that we relax the assumptions on the preferences of the investors.

Keywords: Utility Function; Asset Price; Hedge Fund; Prospect Theory; Representative Agent (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-662-49688-6_4

Ordering information: This item can be ordered from
http://www.springer.com/9783662496886

DOI: 10.1007/978-3-662-49688-6_4

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().