The integration of behavioural finance with portfolio optimization represents an evolving frontier in financial research. Traditional portfolio theory, predicated on rational, utility-maximising ...
In econometrics, seminonparametric (SNP) estimators originated in the consumer demand literature. The Fourier flexible form is a well-known example. The idea is to replace the consumer's indirect ...
A preference ordering is self-dual if it has a direct utility function that can be written in the same mathematical form as the corresponding indirect utility function. Samuelson has raised the ...