THE ASSET STRUCTURE OF INDIVIDUAL PORTFOLIOS AND SOME IMPLICATIONS FOR UTILITY FUNCTIONS

Abstract

The Journal of FinanceVolume 30, Issue 2 p. 585-603 The Allocation of Wealth to Risky Assets THE ASSET STRUCTURE OF INDIVIDUAL PORTFOLIOS AND SOME IMPLICATIONS FOR UTILITY FUNCTIONS James C. Van Horne, James C. Van Horne Session ChairpersonStanford University.Search for more papers by this authorMarshall E. Blume, Marshall E. Blume ProfessorThe authors are respectively Professor of Finance and Richard K. Mellon Professor of Finance and Economics at the Wharton School, University of Pennsylvania. We wish to acknowledge the financial support of the Rodney L. White Center for Financial Research.Search for more papers by this authorIrwin Friend, Irwin Friend ProfessorThe authors are respectively Professor of Finance and Richard K. Mellon Professor of Finance and Economics at the Wharton School, University of Pennsylvania. We wish to acknowledge the financial support of the Rodney L. White Center for Financial Research.Search for more papers by this author James C. Van Horne, James C. Van Horne Session ChairpersonStanford University.Search for more papers by this authorMarshall E. Blume, Marshall E. Blume ProfessorThe authors are respectively Professor of Finance and Richard K. Mellon Professor of Finance and Economics at the Wharton School, University of Pennsylvania. We wish to acknowledge the financial support of the Rodney L. White Center for Financial Research.Search for more papers by this authorIrwin Friend, Irwin Friend ProfessorThe authors are respectively Professor of Finance and Richard K. Mellon Professor of Finance and Economics at the Wharton School, University of Pennsylvania. We wish to acknowledge the financial support of the Rodney L. White Center for Financial Research.Search for more papers by this author First published: May 1975 https://doi.org/10.1111/j.1540-6261.1975.tb01833.xCitations: 19 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume30, Issue2May 1975Pages 585-603 RelatedInformation