A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is
The shifted pseudoisotropic multivariate distributions are shown to satisfy Ross' stochastic dominance criterion for two-fund monetary separation in the case with risk-free investment opportunity and furthermore to admit the Capital Asset Pricing Model under an embedding inLαcondition if1<α≤2, with the betas given in an explicit form. For theα-symmetric subclass, the market without risk-free investment opportunity admits2d-fund separation ifα=1+1/(2d-1),d∈N, generalizing the classicaldoi:10.1155/2015/235452 fatcat:rtgaoujhdjgxvpjkvdflzdnrde