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Showing 1 to 3 of 3 for “"Optimal portfolio choice"”.

  1. Optimal portfolio choice : beyond the traditional expected utility maximization paradigm

    This thesis focuses on two major portfolio selection approaches: the traditional mean-variance approach and the heuristic approach based on risk budgeting. The main results from mean-variance are reviewed, as well as some novel results, followed by new contributions in the area of calculating …

    texas Repository record for Optimal portfolio choice : beyond the traditional expected utility maximization paradigm (opens in a new tab)

  2. Essays on forward portfolio theory and financial time series modeling

    … modeling techniques to the problem of optimal portfolio choice and financial time series analysis. The first essay presents turnpike-type results for the risk tolerance function in an incomplete Ito-diffusion market setting under time-monotone for- ward performance criteria. We show …

    texas Repository record for Essays on forward portfolio theory and financial time series modeling (opens in a new tab)

  3. Application of Regime Switching and Random Matrix Theory for Portfolio Optimization

    … of regime switches for stock market returns and portfolio optimisation. The key stylized facts regarding regime switching for stock index returns is that boom periods with positive mean stock returns are associated with low volatility, while bear markets with negative mean returns have high …

    essex Repository record for Application of Regime Switching and Random Matrix Theory for Portfolio Optimization (opens in a new tab)