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Risk Analysis in Theory and Practice || Portfolio Selection

✍ Scribed by Chavas, Jean-Paul


Book ID
118189090
Publisher
Elsevier
Year
2004
Weight
154 KB
Category
Article
ISBN
0121706214

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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