Abstract
Every investor faces a decision regarding which assets to choose for his or her portfolio. Portfolio choice theory is thus about making decisions, and an application of decision theory. It seems appropriate to treat portfolio choice problems as decisions that are to be made in an uncertain environment.
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© 2002 Thilo Goodall
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Goodall, T. (2002). Risk and Decision. In: Adequate Decision Rules for Portfolio Choice Problems. Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781403907318_2
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DOI: https://doi.org/10.1057/9781403907318_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-43234-9
Online ISBN: 978-1-4039-0731-8
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