A Fuzzy Mixed Projects and Securities Portfolio Selection Model

  • Yong Fang
  • K. K. Lai
  • Shou-Yang Wang
Part of the Lecture Notes in Computer Science book series (LNCS, volume 3614)

Abstract

The business environment is full of uncertainties. Investing in various asset classes may lower the risk of overall portfolio and increase the potential for greater returns. In this paper, we propose a bi-objective mixed asset portfolio selection model involving projects as well as securities. Furthermore, based on fuzzy decision theory, a fuzzy mixed projects and securities portfolio selection model is also proposed. A numerical example is given to illustrate the behavior of the proposed fuzzy mixed asset portfolio selection model.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2005

Authors and Affiliations

  • Yong Fang
    • 1
  • K. K. Lai
    • 2
    • 3
  • Shou-Yang Wang
    • 1
  1. 1.Institute of Systems Science, Academy of Mathematics and Systems ScienceChinese Academy of SciencesBeijingChina
  2. 2.College of Business AdministrationHunan UniversityChangshaChina
  3. 3.Department of Management SciencesCity University of Hong KongKowloonHong Kong

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