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Schiefe in der Portfolioselektion

Year:    2008

Author:    Guse, Frank, Rudolf, Markus

Credit and Capital Markets – Kredit und Kapital, Vol. 41 (2008), Iss. 2 : pp. 197–216

Abstract

Lopsided Portfolio Selection

In this Article we have analysed the implications for portfolio optimisation of returns on investment not distributed normally. We have focused our activities on analysing higher moments of distribution of returns and, in particular, on lopsidedness as the third moment of distribution. So, the approach selected for this article represents an immediate continuation of the mean variance selection by Markowitz (1952).

Journal Article Details

Publisher Name:    Global Science Press

Language:    German

DOI:    https://doi.org/10.3790/kuk.41.2.197

Credit and Capital Markets – Kredit und Kapital, Vol. 41 (2008), Iss. 2 : pp. 197–216

Published online:    2008-08

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    20

Author Details

Guse, Frank

Rudolf, Markus

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