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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Bibliographic Details
Main Author: Irina Georgescu
Format: Article
Published: MDPI AG 2018-08-01
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