Miller, Shane; Platen, Eckhard - Finance Discipline Group, Business School - 2008
measure using the stylised minimal market model (SMMM). This model provides realistic dynamics for the growth optimal …
Key words and phrases: benchmark approach, real-world pricing, growth optimal
portfolio, minimal market model, zero … stylised version of the minimal market model (SMMM) was flrst discussed in
Platen (2001), subsequently developed in a sequence …