Portfolio Turnpike Theorems, Risk Aversion, and Regularly Varying Utility Functions

DOI10.2307/1912278zbMath0521.90014OpenAlexW2075200319MaRDI QIDQ3670867

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Publication date: 1983

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1912278

zbMATH Keywords

risk aversionportfolio selection problemoptimal investment policyArrow-Pratt coefficientportfolio turnpike theorems

Mathematics Subject Classification ID

Utility theory (91B16) Economic growth models (91B62) Portfolio theory (91G10)

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