-Variance Portfolio (MVP) theory provides a consistent framework to valuate financial risks in power generation portfolios that allows to … peak-load pricing and MVP theory to derive optimal portfolios consisting of an arbitrary number of plant technologies given …

Portfolio diversification of firms' controlling owners influences their firms' capital investment. Empirically, the … effect of owners' portfolio diversification on their firms' investment levels is positive for publicly-traded firms and tends …

The maximum diversification portfolio as defined by Choueifaty (2011) depends on the vector of asset volatilities and … that the selected portfolio by regularization is asymptotically efficient with respect to the diversification ratio. In …

points. In terms of proportional losses, a loss of 50% or more of the remaining cash endowment increases diversification … endowment, previous diversification strategy, relative difficulty of questions, the ability level of participants, and other … personal traits. The findings support a prospect theory-based model with a coefficient of loss aversion that is increasing in …