On fuzzy portfolio selection problems

被引：8

作者：

Wang S. ^{[1
]}

Zhu S. ^{[1
]}

机构：

[1] Institute of Systems Science, Academy of Mathematics and Systems Sciences, Chinese Academy of Sciences

来源：

Fuzzy Optimization and Decision Making | 2002年 / 1卷 / 04期

基金：

中国国家自然科学基金;

关键词：

Fuzzy set; Interval number; Necessity; Portfolio selection; Possibility; Probability;

D O I：

10.1023/A:1020907229361

中图分类号：

学科分类号：

摘要：

The uncertainty of a financial market is traditionally dealt with probabilistic approaches. However, there are many non-probabilistic factors that affect the financial markets. A number of empirical studies showed limitation of using probabilistic approaches in characterizing the uncertainty of the financial markets. Fuzzy set is a powerful tool used to describe an uncertain environment with vagueness, ambiguity or some other type of fuzziness, which are always involved in not only the financial markets but also the behavior of the financial managers' decisions. In a financial optimization model using fuzzy approaches, quantitative analysis, qualitative analysis, the experts' knowledge and the managers' subjective opinions can be better integrated. In this paper, we give an overview on the development of fuzzy portfolio selection to date. Some related problems that might deserve further investigations are also discussed. © 2002 Kluwer Academic Publishers.

引用

页码：361 / 377

页数：16

共 37 条

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