Abstract
How does one define an ‘asset’? What is it that distinguishes one object from another such that one of the pair may be termed an asset while the other may not? In everyday conversation the term asset is often used to denote an object which is desired or useful—as opposed to a liability which imposes an obligation on the owner, or which is possibly a nuisance.
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© 1978 Terence M. Ryan
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Ryan, T.M. (1978). The Theory of Asset Selection in the Absence of Risk. In: Theory of Portfolio Selection. Studies in Finance and Accounting. Palgrave, London. https://doi.org/10.1007/978-1-349-15970-3_3
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DOI: https://doi.org/10.1007/978-1-349-15970-3_3
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-17686-3
Online ISBN: 978-1-349-15970-3
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