{"id":3243,"global_id":"www.math.ttu.edu\/mathematicalfinance?id=3243","global_id_lineage":["www.math.ttu.edu\/mathematicalfinance?id=3243"],"author":"5","status":"publish","date":"2026-08-25 09:17:01","date_utc":"2026-08-25 14:17:01","modified":"2026-08-25 09:17:01","modified_utc":"2026-08-25 14:17:01","url":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/event\/seminar-optimal-fund-menus\/","rest_url":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/wp-json\/tribe\/events\/v1\/events\/3243","title":"Seminar: Optimal Fund Menus","description":"<p>&nbsp;<\/p>\n<p><strong>Speaker:\u00a0 Jak\u0161a Cvitani\u0107, Caltech Humanities and Social Sciences<\/strong><\/p>\n<p><strong>Abstract:<\/strong> We study the optimal design of a menu of funds by a manager who is required to use linear pricing and does not observe the beliefs of investors regarding one of the risky assets. The optimal menu involves bundling of assets and can be constructed from the solution to a calculus of variations problem that optimizes over the indirect utility that each type receives. We provide a complete characterization of the optimal menu and show that the need to maintain incentive compatibility leads the manager to offer funds that are inefficiently tilted towards the asset that is not subject to the information friction.<\/p>\n<p>&nbsp;<\/p>\n<p>Join Zoom Meeting<\/p>\n<p><a href=\"https:\/\/texastech.zoom.us\/j\/3067000354?pwd=S0nCdfz1Ue6kOR9aBFgx67IEXPuNZd.1&amp;omn=92056236741\">https:\/\/texastech.zoom.us\/j\/3067000354?pwd=S0nCdfz1Ue6kOR9aBFgx67IEXPuNZd.1&amp;omn=92056236741<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Meeting ID: 306 700 0354<\/p>\n<p>Passcode: TTUMF<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>","excerpt":"","slug":"seminar-optimal-fund-menus","image":false,"all_day":false,"start_date":"2026-09-18 14:00:00","start_date_details":{"year":"2026","month":"09","day":"18","hour":"14","minutes":"00","seconds":"00"},"end_date":"2026-09-18 15:00:00","end_date_details":{"year":"2026","month":"09","day":"18","hour":"15","minutes":"00","seconds":"00"},"utc_start_date":"2026-09-18 19:00:00","utc_start_date_details":{"year":"2026","month":"09","day":"18","hour":"19","minutes":"00","seconds":"00"},"utc_end_date":"2026-09-18 20:00:00","utc_end_date_details":{"year":"2026","month":"09","day":"18","hour":"20","minutes":"00","seconds":"00"},"timezone":"America\/Chicago","timezone_abbr":"CDT","cost":"","cost_details":{"currency_symbol":"","currency_position":"prefix","values":[]},"website":"","show_map":true,"show_map_link":true,"hide_from_listings":false,"sticky":false,"featured":false,"categories":[{"name":"Fall 2026","slug":"fall-2026-seminars","term_group":0,"term_taxonomy_id":30,"taxonomy":"tribe_events_cat","description":"","parent":10,"count":5,"filter":"raw","id":30,"urls":{"self":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/wp-json\/tribe\/events\/v1\/categories\/30","collection":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/wp-json\/tribe\/events\/v1\/categories","up":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/wp-json\/tribe\/events\/v1\/categories\/10"}}],"tags":[],"venue":{"id":871,"author":"2","status":"publish","date":"2022-09-20 14:28:51","date_utc":"2022-09-20 19:28:51","modified":"2022-09-20 14:28:51","modified_utc":"2022-09-20 19:28:51","url":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/venue\/via-zoom\/","venue":"via Zoom","slug":"via-zoom","json_ld":{"@type":"Place","name":"via Zoom","description":"","url":"","address":{"@type":"PostalAddress"},"telephone":"","sameAs":""},"show_map":true,"show_map_link":true,"global_id":"www.math.ttu.edu\/mathematicalfinance?id=871","global_id_lineage":["www.math.ttu.edu\/mathematicalfinance?id=871"]},"organizer":[],"json_ld":{"@context":"http:\/\/schema.org","@type":"Event","name":"Seminar: Optimal Fund Menus","description":"&lt;p&gt;&nbsp; Speaker:\u00a0 Jak\u0161a Cvitani\u0107, Caltech Humanities and Social Sciences Abstract: We study the optimal design of a menu of funds by a manager who is required to use linear pricing [&hellip;]&lt;\/p&gt;\\n","url":"https:\/\/www.math.ttu.edu\/mathematicalfinance\/event\/seminar-optimal-fund-menus\/","startDate":"2026-09-18T14:00:00-05:00","endDate":"2026-09-18T15:00:00-05:00","location":{"@type":"Place","name":"via Zoom","description":"","url":"","address":{"@type":"PostalAddress"},"telephone":"","sameAs":""},"performer":"Organization"}}