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Efficient Set

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Efficient set
Graph representing a set of portfolios that maximize expected return at each level of portfolio risk.

Efficient Set
Also called the efficient frontier or Markowitz efficient set of portfolios; in Markowitz Portfolio Theory, a set of portfolios giving the highest level of expected return at different levels of risk. Harry Markowitz theorized that each level of risk contains one combination of assets giving the highest level of expected return. An efficient set of portfolios is represented as a line on a graph with risk as the x-axis and expected return as the y-axis. See also: Markowitz efficient portfolio, Homogeneous expectations assumption.


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In her paper, Health Care Politics and the Intergovernmental Framework in Canada, Johnson Reddler contends that while current intergovernmental relations has helped to create a "stable and efficient set of arrangements for health care", they have not been entirely successful in developing an effective system.
Access to the insurer's staff, processes, systems and information must be planned so that it allows an efficient set of interactions with partners while protecting the company's core market value.
The addition of this feature is an extension of CCC's work with repairers in developing a logical and efficient set of electronic tools.
 
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