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According to Durkheim, Why Do Societies Actually Need Deviance

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According to Durkheim, why do societies actually need deviance?


Definitions:

Opportunity Sets

The range of possible investment opportunities available to an investor, given their resources and risk tolerance.

Risk-free Rate of Return

The theoretical rate of return of an investment with zero risk, typically represented by government bonds.

Market Rate of Return

The expected or average annual rate of return on an investment, based on historical or specified market data.

Asset-specific Risk

The risk associated with an investment in a specific asset, which can result from factors unique to that asset, independent of the market.

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