投资者的有效资产组合选择的数理分析

Mathematical analysis of the selection of investor's efficient portfolio

投资者的有效资产组合的选择是决定其投资业绩的一个重要过程.因此,不同的投资者应如何根据其投资偏好选择合适的资产组合成为众多投资专家的研究对象.在资产组合有效集的基础上,结合投资者的无差异曲线从数理分析的角度讨论不同投资者有效资产组合的形成过程,并从现实证券市场出发,讨论如何形成投资实践.这不但有助于实现投资资金的最高效益,而且有助于充分发挥证券市场在经济建设中的功能.

The selection of investor's efficient portfolio is an important process to decide the investment achievement. Therefore, many investment specialists research how the different investors select the efficient portfolio according to their investment preferences. On the basis of the set of efficient portfolio, this paper analyzes the process of forming the efficient portfolio of the different investors mathematically according to their difference curve. In view of the actual security market, it discusses how to practice the process. This can not only help to realize the uppermost efficiency of investment funds, but also help to embody the function of security market in the economic construction.