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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