A Concave Security Market Line
نویسندگان
چکیده
منابع مشابه
Market equilibrium under piecewise Leontief concave utilities
Leontief function is one of the most widely used function in economic modeling, for both production and preferences. However it lacks the desirable property of diminishing returns. In this paper, we consider piecewise Leontief concave (p-Leontief) utility function which consists of a set of Leontief-type segments with decreasing returns and upper limits on the utility. Leontief is a special cas...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.1800229