Why Was the Markowitz Model Impractical for Commercial Use When

question 30

Essay

Why was the Markowitz model impractical for commercial use when it was first introduced in 1952?What has changed by the 1990s?

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Definitions:

Furry

A subculture interested in anthropomorphic animal characters with human personalities and characteristics.

Puzzle Boxes

A method used in animal learning experiments where an animal must solve a problem or manipulate mechanisms to escape or obtain a reward.

Thorndike

Edward Thorndike, an American psychologist, who is famous for his work in the early 20th century on learning theory and the law of effect.

Behavior Modification

The application of operant-conditioning techniques to teach new responses or to reduce or eliminate maladaptive or problematic behavior; also called applied behavior analysis.