Why do portfolio choice models predict inelastic demand?

A-Tier

Journal: Journal of Financial Economics

Year: 2025

Volume: 172

Issue: C

Authors (3)

Davis, Carter (not in RePEc) Kargar, Mahyar (University of Illinois at Urba...) Li, Jiacui (not in RePEc)

Score contribution per author:

1.345 = (α=2.02 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count