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2 votes

Modern Portfolio Theory Vs Marginal Utility Theory

Welcome to EC.SE! Hopefully this will help. I don't think this characterization is correct. These are not opposing theories. Modern portfolio theory is based on the idea that people choose portfolios …
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Optimal consumption in Merton-like portfolio choice model with constant wage

$\newcommand{\R}{\mathbb{R}} \newcommand{\N}{\mathbb{N}} \newcommand{\F}{\mathbb{F}} \newcommand{\C}{\mathbb{C}} \newcommand{\E}{\mathbb{E}} %short command for inseting abbreviated "such that" in a ma …
jmbejara's user avatar
  • 9,385