wealth
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Wealth and Health
In today's Chinese society,wealth is very important.Many people start from a young age on the rush for money,they never tired of rushing for money, so they ignore the health. In my opinion, health is more important, but people tend to ignore this.
For healthy people it is reflected in many aspects of neglect. In this regard eating, People uncontrolled intake of high-calorie or high-salt foods, therefore, obesity hypertension and other symptoms are also accompanied. In the work, the people he was kept on the run, lead to phy
Wealth, Information Acquisition, and Portfolio Choice
Wealth,Information Acquisition,and Portfolio Choice
Joe¨l Peress
INSEAD
I solve(with an approximation)a Grossman-Stiglitz economy under general prefer-
ences,thus allowing for wealth effects.Because information generates increasing returns,decreasing absolute risk aversion,in conjunction with the availability of costly information,is sufficient to explain why wealthier households invest a larger fraction of their wealth in risky assets.One no longer needs to resort to decreasing relative risk aversion,an empirically questionabl
EVA-the real key to creating wealth.
关于EVA的比较早的英文介绍
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1TheEVA Revlotiuon
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