Risk Aversion and Portfolio Choice Abstract Preliminary Pages [i-ix] Chapter 1 Liquidity Preference as Behavior Toward Risk, by James Tobin [1] 2 Substitution and Complementarity in the Choice of Risky Assets, by Shoichi Royama and Koichi Hamada [27] 3 Efficient Portfolios with Short Sales and Margin Holdings, by Donald D. Hester [41] 4 Effects of Alternative Tax Structures on Individuals' Holdings of Financial Assets, by Susan Lepper [51] 5 Stock Market Indices: A Principal Components' Analysis, by George J. Feeney and Donald D. Hester [110] 6 The Accumulation of Risky Capital: A Sequential Utility Analysis, by Edmund S. Phelps [139] 7 Estimating the Utility of Wealth from Call Options Data, by Richard N. Rosett [154] Index [171] DocumentControlNumber(s) CFM 19 Author(s) Donald D. Hester, James Tobin & John Wiley & Sons Publication Date January 1967