Optimal allocation in a portfolio containing stock with heavy-tailed returns under disappointment aversion utility functions
Material type:
- SP 2006/1322
Item type | Current library | Collection | Shelving location | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|
Student Project | Vikram Sarabhai Library | Reference | Students Project | SP 2006/1322 (Browse shelf(Opens below)) | Not for loan | SP001322 |
Submitted to Prof. Arnab Kumar Laha
The paper studies the optimal portfolio allocation for stocks with heavy tailed returns using the CAPM model, CARRA utility and the Disappointment Aversion function. It compares the result obtained from each method and comment on each one's applicability in different situations.
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