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On the Optimality of the Stock Market Allocation of Investment

Stiglitz, Joseph E.

I. Introduction, 25.--II. The basic model, 27.--III. Determination of the level of investment in a mean variance model, 32.--IV. Choice of technique, 47.--V. Remarks on alternative models of market equilibrium, 52.--VI. Concluding remarks, 55.--Appendix, 57.

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Title
Quarterly Journal of Economics
DOI
https://doi.org/10.2307/1880492

More About This Work

Academic Units
Business
Published Here
July 9, 2012
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