The characteristics of portfolios selected by n-degree lower partial movement.
Empirical research on Lower Partial Moment (LPM) has ignored its portfolio algorithms and the major benefit of such analysis: that its utility function is as general as the utility function assumed by stochastic dominance analysis. Since efficient algorithms for stochastic dominance do not exist, an...
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| Language: | English |
| Online Access: | http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:178267 |