CHAPTER 1
Portfolio Theory
G.M. Constantinides and A.G. Malliaris
1. Introduction*
2. The early contributions
3. Mean-variance portfolio selection
4. Two-fund separation
5. Mean-variance portfolio with a riskless asset
6. The capital asset pricing model
7. Theoretical justification of mean-variance analysis, mutual fund separation and the CAPM
8. Consumption and portfolio selection in continuous time
9. The Intertemporal Asset Pricing Model (ICAPM) and the Arbitrage Pricing Theory (APT)
10. Market imperfections
11. Concluding remarks
* The first two pages of the chapters are available as PDF file.
