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Limited Liability, Short Selling, Bounded Utility, and Infinite-Variance Stable Distributions

Published online by Cambridge University Press:  19 October 2009

Paul A. Samuelson
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Extract

I welcome the oppostunity to second the analysis of Davies and Ronning [4]. The considerations they raise crop up repeatedly in various contexts of uncertainty analysis and prompt the following remarks dealing with various tonics described in ray title.

Type
Communications
Information
Journal of Financial and Quantitative Analysis , Volume 11 , Issue 3 , September 1976 , pp. 485 - 503
Copyright
Copyright © School of Business Administration, University of Washington 1976

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References

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