Original scientific paper

STRATEGY OF ARBITRARY DETERMINATION OF SECURITIES PRICE

Zoran Ivanović

Abstract

The model of arbitrary price determination represents alternative model for equilibrium securities price calculation. The model itself creates less assumptions about investor’s preferences than the model of capital property evaluation. A main assumption of arbitrary model lies in a fact that every investor will when it is possible to increase the return of its portfolio without risk increase, do this. The mechanism of such activity includes the use of arbitrary portfolio.

Keywords

Hrčak ID:

28817

URI

https://hrcak.srce.hr/28817

Publication date:

20.12.2000.

Article data in other languages: croatian

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