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Risk-Free Versus Risky Assets: Teaching a Portfolio Model with Application to the Stock Market

In this paper, we present an application where advanced undergraduate students can solve the expected utility portfolio model with a risk-free asset and a risky asset with both up and down returns in the stock market. With real stock market data, we use Excel Solver to find the portfolio decision and study how it changes when considering assets with different returns. Finally, we test students’ portfolio decisions and their degree of risk aversion using different utility functions

Dirk Mateer

Autor: Berga, Dolors
Silva Becerra, José Ignacio
Data: 2021
Resum: In this paper, we present an application where advanced undergraduate students can solve the expected utility portfolio model with a risk-free asset and a risky asset with both up and down returns in the stock market. With real stock market data, we use Excel Solver to find the portfolio decision and study how it changes when considering assets with different returns. Finally, we test students’ portfolio decisions and their degree of risk aversion using different utility functions
Format: application/pdf
Accés al document: http://hdl.handle.net/10256/24869
Llenguatge: eng
Editor: Dirk Mateer
Col·lecció: info:eu-repo/semantics/altIdentifier/doi/10.58311/jeconteach/ba01a900fcec4348f7f80f3c2b965811dc845409
info:eu-repo/semantics/altIdentifier/issn/2690-506X
Drets: Attribution 4.0 International
URI Drets: http://creativecommons.org/licenses/by/4.0/
Matèria: Borsa de valors
Stock exchanges
Risc
Risk
Títol: Risk-Free Versus Risky Assets: Teaching a Portfolio Model with Application to the Stock Market
Tipus: info:eu-repo/semantics/article
Repositori: DUGiDocs

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