The Existence of Capital Market Equilibrium and Asset Demand Correspondences
type: CreativeWork
description: In the vast literature analyzing the structure and properties of capital market equilibrium which has appeared since the development of the Sharpe-Lintner-Mossin model, only one attempt appears to have been made to prove that in fact capital market equilibria exist. Furthermore, it appears that capital market theory has represented by the Sharpe-Lintner-Mossin model and its many variations does not include a well- defined theory of asset demand and asset demand correspondences.
abstract: In the vast literature analyzing the structure and properties of capital market equilibrium which has appeared since the development of the Sharpe-Lintner-Mossin model, only one attempt appears to have been made to prove that in fact capital market equilibria exist. Furthermore, it appears that capital market theory has represented by the Sharpe-Lintner-Mossin model and its many variations does not include a well- defined theory of asset demand and asset demand correspondences.
author: Page, Frank Hismith, Jr.
language: eng
keywords: Economics, Finance
date published: 2014-12-14T06:06:22Z
date modified: 2026-07-22T22:25:58Z
provider: University of Illinois - Urbana-Champaign
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: University of Illinois at Urbana-Champaign

PropertyValue
property ID: Handle
value: http://hdl.handle.net/2142/67674