RISK AVERSION AND PORTFOLIO CHOICE
Edited by
DONALD D. HESTER and JAMES TOBIN
John Wiley & Sons, Inc., New York, London, Sidney
1967
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TABLE OF CONTENTS
Chapter
Page
Preliminary Pages
i
1.
Liquidity Preference as Behavior Toward Risk
, by James Tobin
1
2.
Substitution and Complementarity in the Choice of Risky Assets
, by Shoichi Royama and Koichi Hamada
27
3.
Efficient Portfolios with Short Sales and Margin Holdings
, by Donald D. Hester
41
4.
Effects of Alternative Tax Structures on Individuals' Holdings of Financial Assets
, by Susan Lepper
51
5.
Stock Market Indices: A Principal Components' Analysis
, by George J. Feeney and Donald D. Hester
110
6.
The Accumulation of Risky Capital: A Sequential Utility Analysis
, by Edmund S. Phelps
139
7.
Estimating the Utility of Wealth from Call Options Data
, by Richard N. Rosett
154
Index
171