Investor’s portfolio decision: perspective of parameter uncertainty
During the process of portfolio decision, the investor usually assumes that the distribution of asset return is known in order to identify the optimal investment strategy. In fact, the distribution of asset return is unknown and the investor often uses the historical data to estimate its distributio...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2020-01-01
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| Series: | Systems Science & Control Engineering |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/21642583.2019.1708828 |