Disparity, Shortfall, and Twice-Endogenous HARA Utility∗ M. Ryan Haley†, M. Kevin McGee‡and Todd B. Walker§ December 4, 2010 Abstract We derive a mapping between the shortfall-minimizing portfolio selection based

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Date: 2010-12-04 17:30:26 Kullback–Leibler divergence Moment-generating function Risk aversion Expected utility hypothesis Hyperbolic absolute risk aversion Weight Utility Statistics Abstract algebra		Disparity, Shortfall, and Twice-Endogenous HARA Utility∗ M. Ryan Haley†, M. Kevin McGee‡and Todd B. Walker§ December 4, 2010 Abstract We derive a mapping between the shortfall-minimizing portfolio selection based Add to Reading List Source URL: pages.iu.edu Download Document from Source Website File Size: 193,68 KB Share Document on Facebook