Risk Curve and Bifuzzy Portfolio Selection

Limei Yan

Abstract


In order to solve the portfolio problem when security returns are bifuzzy variables, firstly we propose a new definition
of risk, then one type of portfolio selection based on expected value and risk is provided according to bifuzzy theory.
Furthermore, a hybrid intelligent algorithm by integrating bifuzzy simulation and genetic algorithm is designed. Finally,
one numerical experiment is provided to illustrate effectiveness of the hybrid intelligent algorithm.

Full Text: PDF DOI: 10.5539/jmr.v1n2p193

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Journal of Mathematics Research   ISSN 1916-9795 (Print)   ISSN 1916-9809 (Online)

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the 'ccsenet.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.