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A Bayesian information criterion for portfolio selection

✍ Scribed by Wei Lan; Hansheng Wang; Chih-Ling Tsai


Book ID
113557663
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
291 KB
Volume
56
Category
Article
ISSN
0167-9473

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## Abstract According to the conventional theory of finance, maximizing return with minimum risk should be a hallmark of every successful investor. However, contrary to the theoretical expectations of the conventional theory, the tests achieved on most financial markets have revealed the existence