The Effect of Prudence on the Optimal Allocation in Possibilistic and Mixed Models
In this paper, several portfolio choice models are studied: a purely possibilistic model in which the return of the risky is a fuzzy number, and four models in which the background risk appears in addition to the investment risk. In these four models, risk is a bidimensional vector whose components...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-08-01
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| Series: | Mathematics |
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| Online Access: | http://www.mdpi.com/2227-7390/6/8/133 |