{"product_id":"9780333994320","title":"Finance and Capital Markets Series","description":"\u003ch1\u003eFinance and Capital Markets Series\u003c\/h1\u003e \u003ch2\u003eGoodall, T.\u003c\/h2\u003e \u003cp\u003eThe author presents the theory of portfolio choice from a new perspective, recommending decision rules that have advantages over those currently used in theory and practice. Portfolio choice theory relies on expected values. Goodall argues that this dependence has a historical basis and argues that current decision rules are inadequate for most portfolio choice situations. Drawing on econometric solutions proposed for the problem of forecasting outcomes of a chance experiment, the author defines adequacy criteria, and proposes adequate decision rules for a variety of situations. Goodall's theory combines the problems of prediction and choice, and formulates solutions based on cost functions that fit the underlying decision situation.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2002-04-30\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9780333994320\u003c\/p\u003e \u003cp\u003eDOI: 10.1057\/9781403907318\u003c\/p\u003e \u003cp\u003eDimensions: 216cm x140cm\u003c\/p\u003e \u003cp\u003ePages: 114\u003c\/p\u003e ","brand":"Palgrave Macmillan UK","offers":[{"title":"Default Title","offer_id":46313280766092,"sku":"9780333994320","price":152.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780333994320.jpg?v=1771535289","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780333994320","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}