Электронные книги

Жанры
Реклама
Последние комментарии
От партнёров
Облако тегов

Наука и учебаThe Black-Litterman Model

The Black-Litterman Model
Название: The Black-Litterman Model
Автор: Charlotta Mankert
Издательство: Stockholm, Sweden
Год: 2006
Страниц: 111
Формат: PDF
Размер: 5.41 Mb
Качество: Отличное
Язык текста: Английский

The financial portfolio model often referred to as the Black-Litterman model is
analyzed using two approaches; a mathematical and a behavioral finance approach.
After a detailed description of its framework, the Black-Litterman model is derived
mathematically using a sampling theoretical approach. This approach generates a new interpretation of the model and gives an interpretable formula for the mystical
parameter €, the weight-on-views. Secondly, implications are drawn from research
results within behavioral finance. One of the most interesting features of the Black-
Litterman model is that the benchmark portfolio, against which the performance of the portfolio manager is evaluated, functions as the point of reference.

Нажмите для скачивания BlackLitterman.rar!BlackLitterman.rar
Размер: 5.41 Mb(cкачиваний: 2)



Похожие книги

Информация

Посетители, находящиеся в группе Гости, не могут оставлять комментарии к данной публикации.


  • Valid XHTML 1.0 Transitional