Assets, liabilities and risks

Financial economists and actuaries do not always talk the same language. One particular difference of concern to actuaries is the method of treatment (or non-treatment) of the liabilities of an investor in the portfolio selection problem. Another difference relates to the way in which liabilities ar...

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Bibliographic Details
Main Author: R. Thomson
Format: Article
Language:English
Published: Operations Research Society of South Africa (ORSSA) 2014-01-01
Series:ORiON
Online Access:http://orion.journals.ac.za/pub/article/view/188