Which of these is a primary field of Samuelson's theoretical contributions?
Capital finance
Real estate finance
Behavioral finance
Personal finance
Answer
Capital finance is a primary field of Samuelson's theoretical contributions. He developed a theory of efficient capital markets in which asset prices are determined by the flow of expected earnings. He also developed a model of portfolio choice in which investors choose the portfolio that maximizes their expected return for a given level of risk.
The Samuelson Saga: Unraveling the Legacy of an American Economist!
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