OPF: A novel framework for fuzzy portfolio selection

Author

Sri Cheng ; Cren Wei

Author_Institution

Sch. of Inf., Capital Univ. of Econ. & Bus., Beijing, China

fYear

2013

fDate

17-19 July 2013

Firstpage

1739

Lastpage

1744

Abstract

In this paper, we propose a novel framework - the Observer Pattern Framework (OPF) - which could better reflect the complex securities market. The core of the OPF is observer collecting relevant information from two different perspectives, namely, stock price statistics and force comparison between buyer and seller. Further, based on a practical example, we not only define observer equations and their characteristic relation, but also present numerical equations of theoretical model. Finally, the application of the OPF to the fuzzy portfolio selection problem is discussed.

Keywords

fuzzy set theory; investment; marketing; numerical analysis; observers; pricing; OPF; buyer; characteristic relation; complex securities market; force comparison; fuzzy portfolio selection problem; numerical equations; observer pattern framework; seller; stock price statistics; Equations; Finance; Mathematical model; Observers; Portfolios; Quantum mechanics; Stock markets; fuzzy portfolio selection; observer equation; observer pattern framework; quantum finance;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering (ICMSE), 2013 International Conference on

Conference_Location

Harbin

ISSN

2155-1847

Print_ISBN

978-1-4799-0473-0

Type

conf

DOI

10.1109/ICMSE.2013.6586501

Filename

6586501