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Portfolio selection with mental accounts and background risk

โœ Scribed by Alexandre M. Baptista


Book ID
116615980
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
390 KB
Volume
36
Category
Article
ISSN
0378-4266

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In stochastic environment, variance, semivariance and probability of a bad outcome are three popular definitions of risk for portfolio selection. In fuzzy environment, variance is carried on as the definition of risk. However, in real life, risk is understood in many different ways. In this paper we