Computational Methods in Decision-Making, Economics and Finance (Applied Optimization)
Contributors: Erricos John Kontoghiorghes (Editor); B. Rustem (Editor); S. Siokos (Editor)
Edition: 1 edition
Publisher: Springer
Published: August 31, 2002
Language: eng
Format: Hardcover
Number of pages: 644
ISBN-13: 9781402008399
Subjects: Management decision making; Operational research; Portfolio Management; Entrepreneurship; Data processing; Mathematics; Business / Economics / Finance; Science/Mathematics; Linear Programming; Finance; Decision Making & Problem Solving; General; Business & Economics / Operations Research; Decision making
First sentence: The classical mean-variance approach to portfolio optimal asset allocation is intrinsically a one-period optimization: the investor sets a time horizon and maximizes his expected utility at that horizon.