Descriptor
| Banking | 1 |
| Business Cycles | 1 |
| Decision Making | 1 |
| Economics | 1 |
| Economics Education | 1 |
| Estate Planning | 1 |
| Finance Occupations | 1 |
| Higher Education | 1 |
| Investment | 1 |
| Monetary Systems | 1 |
| Money Management | 1 |
| More ▼ | |
Author
| Biederman, Daniel K. | 1 |
Publication Type
| Journal Articles | 1 |
| Reports - Descriptive | 1 |
Education Level
Audience
| Practitioners | 1 |
| Teachers | 1 |
Location
Laws, Policies, & Programs
Assessments and Surveys
What Works Clearinghouse Rating
Peer reviewedBiederman, Daniel K. – Journal of Economic Education, 1992
Demonstrates how a simple portfolio problem expressed explicitly as an expected utility maximization problem can be used to instruct students in portfolio theory. Discusses risk aversion, decision making under uncertainty, and the limitations of the traditional mean variance approach. Suggests students may develop a greater appreciation of general…
Descriptors: Banking, Business Cycles, Decision Making, Economics
