Estimation of Approximate Values of the Optimum Points on Efficient Portfolios Curve

• Authors: Henryk Kowgier
• Languages of publication: EN

Abstracts

EN

In the paper a method is found for estimating approximate optimum points on efficient portfolios curve (risk-profit) that are connected with exponential utility functions being very frequently preferred in practice by investors.

Keywords

EN

utility functions; efficient portfolios; approximate optimum points

• Publisher: Sciendo
• Journal: Folia Oeconomica Stetinensia
• Year: 2007
• Volume: 6
• Issue: 1
• Pages: 99-106

Dates

published

2007-01-01

online

2007-12-03

Contributors

author

Henryk Kowgier

• Department of Econometrics and Statistics Faculty of Economics and Management, University of Szczecin, Mickiewicza 64, 71-101 Szczecin, Poland

References

• Chiang, A.C. (1984). Fundamental Methods of Mathematical Economics. Third Edition. New York: McGraw-Hill, Inc.
• Dobbins, R., Fielding, J. & Witt, S. (1994). Portfolio Theory and Investment Management. Oxford: Blackwell Publishers.
• Fichtenholz, G.M. (1969). Differential and Integral Calculus. Moscow: Hayka.
• Haugen, A.R. (1993). Modern Investment Theory (3rd ed.). Warsaw: WIG-Press.
• Tarczyński, W. (1997). Capital Markets. Warsaw: PLACET.

Identifiers

DOI

10.2478/v10031-007-0003-6