000 | 03501nam a22004335i 4500 | ||
---|---|---|---|
001 | u373965 | ||
003 | SIRSI | ||
005 | 20160812084211.0 | ||
007 | cr nn 008mamaa | ||
008 | 100310s2010 gw | s |||| 0|eng d | ||
020 |
_a9783642112140 _9978-3-642-11214-0 |
||
040 | _cMX-MeUAM | ||
050 | 4 | _aQ342 | |
082 | 0 | 4 |
_a006.3 _223 |
100 | 1 |
_aHuang, Xiaoxia. _eauthor. |
|
245 | 1 | 0 |
_aPortfolio Analysis _h[recurso electrónico] : _bFrom Probabilistic to Credibilistic and Uncertain Approaches / _cby Xiaoxia Huang. |
264 | 1 |
_aBerlin, Heidelberg : _bSpringer Berlin Heidelberg, _c2010. |
|
300 |
_a185p. 51 illus. _bonline resource. |
||
336 |
_atext _btxt _2rdacontent |
||
337 |
_acomputer _bc _2rdamedia |
||
338 |
_aonline resource _bcr _2rdacarrier |
||
347 |
_atext file _bPDF _2rda |
||
490 | 1 |
_aStudies in Fuzziness and Soft Computing, _x1434-9922 ; _v250 |
|
505 | 0 | _aWhat Is Portfolio Analysis -- Probabilistic Portfolio Selection -- Credibilistic Portfolio Selection -- Uncertain Portfolio Selection -- Model Varieties. | |
520 | _aThe most salient feature of security returns is uncertainty. The purpose of the book is to provide systematically a quantitative method for analyzing return and risk of a portfolio investment in different kinds of uncertainty and present the ways for striking a balance between investment return and risk such that an optimal portfolio can be obtained. In classical portfolio theory, security returns were assumed to be random variables, and probability theory was the main mathematical tool for handling uncertainty in the past. However, the world is complex and uncertainty is varied. Randomness is not the only type of uncertainty in reality, especially when human factors are included. Security market, one of the most complex markets in the world, contains almost all kinds of uncertainty. The security returns are sensitive to various factors including economic, social, political and very importantly, people’s psychological factors. Therefore, other than strict probability method, scholars have proposed some other approaches including imprecise probability, possibility, and interval set methods, etc., to deal with uncertainty in portfolio selection since 1990s. In this book, we want to add to the tools existing in science some new and unorthodox approaches for analyzing uncertainty of portfolio returns. When security returns are fuzzy, we use credibility which has self-duality property as the basic measure and employ credibility theory to help make selection decision such that the decision result will be consistent with the laws of contradiction and excluded middle. Being aware that one tool is not enough for solving complex practical problems, we further employ uncertain measure and uncertainty theory to help select an optimal portfolio when security returns behave neither randomly nor fuzzily. | ||
650 | 0 | _aEngineering. | |
650 | 0 | _aArtificial intelligence. | |
650 | 1 | 4 | _aEngineering. |
650 | 2 | 4 | _aComputational Intelligence. |
650 | 2 | 4 | _aArtificial Intelligence (incl. Robotics). |
710 | 2 | _aSpringerLink (Online service) | |
773 | 0 | _tSpringer eBooks | |
776 | 0 | 8 |
_iPrinted edition: _z9783642112133 |
830 | 0 |
_aStudies in Fuzziness and Soft Computing, _x1434-9922 ; _v250 |
|
856 | 4 | 0 |
_zLibro electrónico _uhttp://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-642-11214-0 |
596 | _a19 | ||
942 | _cLIBRO_ELEC | ||
999 |
_c201845 _d201845 |