A two-stage stochastic mixed-integer program modelling and hybrid solution approach to portfolio selection problems

In this paper, we investigate a multi-period portfolio selection problem with a comprehensive set of real-world trading constraints as well as market random uncertainty in terms of asset prices. We formulate the problem into a two-stage stochastic mixed-integer program (SMIP) with recourse. The set...

Full description

Bibliographic Details
Main Authors: He, Fang, Qu, Rong
Format: Article
Published: Elsevier 2014
Subjects:
Online Access:https://eprints.nottingham.ac.uk/28273/