Nondegenerate intervals of no-trade prices for risk averse traders

DOI10.1023/A:1004950814993zbMATH Open0918.90057OpenAlexW1903070977MaRDI QIDQ1287623FDOQ1287623

Gerd Weinrich

Publication date: 19 August 1999

Published in: Theory and Decision (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1023/a:1004950814993

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zbMATH Keywords

portfolio choiceexpected utility theorylocal risk-neutralityno-trade prices

Mathematics Subject Classification ID

Utility theory (91B16)

Cited In (2)

• Symmetrical monotone risk aversion and positive bid-ask spreads
• Positivity of bid-ask spreads and symmetrical monotone risk aversion

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