IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v11(528)(supplement)y2008i11(528)(supplement)p173-179.html
   My bibliography  Save this article

The portofolio administering at the isurance companies by A.P.T. multifactorial model

Author

Listed:
  • Mitica Pepi

    (“OVIDIUS” University, Constanta)

Abstract

In order to approach the A.T.P. model (arbitrage price theory) the understanding of some aspects related to arbitrage in general is necessary, APT being only one of the implications of this finance central theory (of the lack of arbitrage opportunities), among the others one being able to quote: the theory of including the parity buying power opportunities, the theories concerning the company value and the indebtedness degree, et… An opportunity of arbitrage represents an investment strategy that guarantees a positive result in at least one of the nature states without the possibility of a negative result and without an initial investment. The lack of arbitrage opportunities presumes that, being given a portofolio the value of which at t is 0, Vt = 0, there is no admitted strategy so that at t+1 moment it should be Vt + 1>0 in least one state. If the no other arbitrage opportunities it is said that the market is viable.

Suggested Citation

  • Mitica Pepi, 2008. "The portofolio administering at the isurance companies by A.P.T. multifactorial model," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 11(11(528)(s), pages 173-179, November.
    • Handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:173-179
    as

    Download full text from publisher

    File URL: http://www.asociatiaeconomistilor.ro/documente/Conferinta_FABBV_engleza.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aurelia Patrascu & Radu-Serban Zaharia, 2016. "Analysis On The Evolution Of Insurance Systems In Romania - The Past Five Years," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 208-213, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:11(528)(supplement):y:2008:i:11(528)(supplement):p:173-179. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.