• Title of article

    A Novel Selection Model of Optimal Portfolio based on Fuzzy Goal Planning, Considering Types of Investors

  • Author/Authors

    Omidi, Hamed Department Management and Economics - Science and Research Branch, Tehran , Nikoomaram, Hashem Department Management and Economics - Science and Research Branch, Tehran , Rahnamaye Rodposhti, Ferydon Department Management and Economics - Science and Research Branch, Tehran , Vakilifard, Hamidreza Department Management and Economics - Science and Research Branch, Tehran

  • Pages
    12
  • From page
    133
  • To page
    144
  • Abstract
    Assessing risk assets is one of the most important research issues in the financial field. There are various pricing models of capital assets in financial. In many models, it is not possible to consider a lot of restrictions on portfolio selection. In this paper, for choosing optimal portfolios, taking into account the prosperity and recession periods, and the types of investors in terms of risk taking and risk aversion as a limitation, fuzzy goal models have beed used. an‎d finally, it has been compared to the results of the Markowitz pricing model.
  • Keywords
    Multiple objective programming , Fuzzy goal programming , Portfolio selection model , Risk preferences of investors , Capital Asset Pricing Model
  • Journal title
    International Journal of Finance and Managerial Accounting
  • Serial Year
    2020
  • Record number

    2551073

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=2551073