00-108/2 - Inherent Efficiency, Security Markets, and the Pricing of Investment Strategies

• Author
  Liang Zou, University of Amsterdam
• Publication date
  December 5, 2000

• Keywords
  Perception of reward and risk; Reward-risk utility; Inherent efficiency; Quasi-complete market; Dichotomous pricing model; Approximate arbitrage; Up-market and Down-market potentials
• JEL
  D46; D81,G10; G11; G12