Hrvatsko društvo ekonomista

ARTICLES ::: AUTHORS ::: ARTICLES SEARCH

December 2000. ::: Vol.51 No.11-12

Zoran Ivanović

STRATEGY OF ARBITRARY DETERMINATION OF SECURITIES PRICE Izvorni znanstveni članak The model of arbitrary price determination represents alternative model for equilibrium securities price calculation. The model itself creates less assumptions about investor’s preferences than the model of capital property evaluation. A main assumption of arbitrary model lies in a fact that every investor will when it is possible to increase the return of its portfolio without risk increase, do this. The mechanism of such activity includes the use of arbitrary portfolio. - Puni tekst (Hrvatski) Str. 1176 - 1193 (pdf, 144.08 KB)

STRATEGY OF ARBITRARY DETERMINATION OF SECURITIES PRICE

Izvorni znanstveni članak

The model of arbitrary price determination represents alternative model for equilibrium securities price calculation. The model itself creates less assumptions about investor’s preferences than the model of capital property evaluation. A main assumption of arbitrary model lies in a fact that every investor will when it is possible to increase the return of its portfolio without risk increase, do this. The mechanism of such activity includes the use of arbitrary portfolio.

Puni tekst (Hrvatski) Str. 1176 - 1193 (pdf, 144.08 KB)