Revealed preference and portfolio choice

6533b870fe1ef96bd12d041e

RESEARCH PRODUCT

Revealed preference and portfolio choice

subject

Microeconomics Economics and Econometrics Revealed preference Economics Portfolio Rationalizability Finance Expected utility hypothesis

description

Abstract We show that the necessary and sufficient conditions for expected utility rationalizability of a single observed portfolio choice are identical to the necessary and sufficient conditions for non-expected utility rationalizability.

year	journal	country	edition	language
1993-01-01	Economics Letters

https://doi.org/10.1016/0165-1765(93)90084-p

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