Educated at the University of Chicago and professor at Rutgers University since 1980. He has been principally concerned in his works with the theory of rational behaviour under uncertainty and portfolio theory He has contributed to production theory...

A portfolio of securities with the highest expected return for a given level of risk. Sometimes called a mean-variance efficient...

Harry Max Markowitz (born August 24, 1927) is an influential economist at the Rady School of Management at the University of California, San Diego. He is best known for his pioneering work in modern portfolio theory, studying the effects of asset risk,...