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A behavioral portfolio analysis of retirement portfolios [PDF]
With regard to retirement savings individual investors tend to hold large positions of their wealth in riskless assets, although equity products offer higher returns. In this article we study a behavioral portfolio model which captures this phenomenon by considering two behavioral aspects: fear and hope.
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Zbornik radova (Sveučilište u Rijeci. Ekonomski fakultet Rijeka), 1996
Portfolio menadžment predstavlja skup modela kojima je svrha sačuvanje odnosno osiguranje vrijednosti portfolija vrijednosnih papira. Svrha je portfolio menadžmenta da se u doba rasta tečajeva na sekundarnom financijskom tržištu participira u njemu, ali da se istovremeno u slučaju pada tečaja ograniči mogući gubitak.
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Portfolio menadžment predstavlja skup modela kojima je svrha sačuvanje odnosno osiguranje vrijednosti portfolija vrijednosnih papira. Svrha je portfolio menadžmenta da se u doba rasta tečajeva na sekundarnom financijskom tržištu participira u njemu, ali da se istovremeno u slučaju pada tečaja ograniči mogući gubitak.
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1998
We introduce the concept of a financial market and define the concept of a self-financing portfolio. The dynamics of a self-financing portfolio is then derived, both in discrete and continuous time. The theory includes dividend-paying assets and the concept of a cumulative dividend process is introduced and discussed.
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We introduce the concept of a financial market and define the concept of a self-financing portfolio. The dynamics of a self-financing portfolio is then derived, both in discrete and continuous time. The theory includes dividend-paying assets and the concept of a cumulative dividend process is introduced and discussed.
openaire +1 more source