无风险资产与风险资产:教授投资组合模型及其在股票市场中的应用

EduRN: Financial Economics Education (FEN) (Topic) Pub Date : 2019-10-26 DOI:10.2139/ssrn.3475520

Dolors Berga, José I. Silva

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引用次数: 0

摘要

在本文中，我们提出了一个应用程序，高年级本科生可以解决股票市场中无风险资产和风险资产的预期效用组合模型。利用真实的股票市场数据，我们使用Excel求解器来寻找投资组合决策，并研究在考虑不同收益的资产时它是如何变化的。最后，我们使用不同的效用函数来测试学生的投资组合决策和他们的风险厌恶程度。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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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 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.

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EduRN: Financial Economics Education (FEN) (Topic)

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