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"This paper was presented at the International Conference on Industrial Relations and Conflict Management hosted by the Netherlands School of Business, June 29-July 3, l980."
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Supported by a grant from the Kaiser Family Foundation and by funds from the RCA Corporation.
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"February 1994." "To appear in Journal of object-oriented programming."
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The performance of a given portfolio policy can in principle be evaluated by comparing its expected utility with that of the optimal policy. Unfortunately, the optimal policy is usually not computable in which case a direct comparison is impossible. In this paper we solve this problem by using...
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