The Utility of Wealth

Author	: Harry Markowitz
Publisher	:
Total Pages	: 12
Release	: 1952
ISBN-10	: STANFORD:36105047234377
ISBN-13	:
Rating	: 4/5 (77 Downloads)

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Book Synopsis The Utility of Wealth by : Harry Markowitz

Download or read book The Utility of Wealth written by Harry Markowitz and published by . This book was released on 1952 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Finance theory is based on a very simple, yet critical assumption that “individuals maximize the expected utility of wealth”. However, there are three cruci