Chemistry of C-C π-bonds Lectures 1-4: Alkenes, Alkynes and Conjugation

Consider an investor in country j deciding whether to purchase stocks and/or bonds in a foreign country i1. The investor compares the expected return on an investment in country i1 to the expected return in country j as well as the expected return in country i2. How does an investor decide where to invest? One set of scholarship explicitly assumes that investors are risk averse and use the international asset pricing model (ICAPM) to understand international portfolio diversification. ICAPM models conclude that in the absence of information asymmetries and transaction costs, investors should hold domestic assets in their...