Accession Number:

AD0259837

Title:

A MODEL OF MULTI-PERIOD INVESTMENT UNDER UNCERTAINTY

Descriptive Note:

Corporate Author:

CARNEGIE INST OF TECH PITTSBURGH PA GRADUATE SCHOOL OF INDUSTRIAL ADMINISTRAT ION

Personal Author(s):

Report Date:

1961-03-20

Pagination or Media Count:

1.0

Abstract:

This paper explores rational decision making for investment in the stock market. The first part is concerned with problems of a methodological nature, mainly dealing with the relationship between normative models and operations research. The major part explores a particular model and the various features the model possesses. The interpretation and use of dual prices in a stochastic programming model is discussed. The final part will suggest various possible extensions into other areas. Author

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE