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uncertainty, and divergence of opinion’, The：（不确定性,意见的分歧,）
American Finance Association
Risk, Uncertainty, and Divergence of Opinion
Author(s): Edward M. Miller
Source: The Journal of Finance, Vol. 32, No. 4 (Sep., 1977), pp. 1151-1168
Published by: Blackwell Publishing for the American Finance Association
Stable URL: /stable/2326520
Accessed: 01/10/2010 12:20
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THE JOURNAL OF FINANCE VOL. XXXII, NO. 4 * SEPTEMBER 1977
RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION
EDWARD M. MILLER*
OFinvestor
THE THEORY behavior in a world of uncertainty has been set out by
several writers including Sharpe (1964) and Lintner (Feb. 1965). A key a
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