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In this paper we consider the strategic asset allocation of an insurance company. This task can be seen as a special case of portfolio optimization. In the 1950s, Markowitz proposed to formulate portfolio optimization as a bicriteria…

Computational Engineering, Finance, and Science · Computer Science 2021-03-23 Kerstin Dächert , Ria Grindel , Elisabeth Leoff , Jonas Mahnkopp , Florian Schirra , Jörg Wenzel

We consider the problem of the statistical uncertainty of the correlation matrix in the optimization of a financial portfolio. We show that the use of clustering algorithms can improve the reliability of the portfolio in terms of the ratio…

Physics and Society · Physics 2008-12-02 Vincenzo Tola , Fabrizio Lillo , Mauro Gallegati , Rosario N. Mantegna

The paper deals with a lot sizing problem with ill-known demands modeled by fuzzy intervals whose membership functions are possibility distributions for the values of the uncertain demands. Optimization criteria, in the setting of…

Other Computer Science · Computer Science 2012-10-22 Romain Guillaume , Przemyslaw Kobylanski , Pawel Zielinski

Fuzzy clustering methods allow the objects to belong to several clusters simultaneously, with different degrees of membership. However, a factor that influences the performance of fuzzy algorithms is the value of fuzzifier parameter. In…

Methodology · Statistics 2015-10-08 Carmela Iorio , Gianluca Frasso , Antonio D'Ambrosio , Roberta Siciliano

This paper focuses on specific investments under negotiated transfer pricing. Reasons for transfer pricing studies are primarily to find conditions that maximize the firm's overall profit, especially in cases with bilateral trading problems…

General Economics · Economics 2023-01-31 Christian Mitsch

Load balancing is the process of improving the Performance of a parallel and distributed system through is distribution of load among the processors [1-2]. Most of the previous work in load balancing and distributed decision making in…

Distributed, Parallel, and Cluster Computing · Computer Science 2009-10-05 Abbas Karimi , Faraneh Zarafshan , Adznan. b. Jantan , A. R Ramli , M. Iqbal b. Saripan

Portfolio management is an essential component of investment strategy that aims to maximize returns while minimizing risk. This paper explores several portfolio management strategies, including asset allocation, diversification, active…

Portfolio Management · Quantitative Finance 2023-04-13 Soumyadip Sarkar

Stock Market can be easily seen as one of the most attractive places for investors, but it is also very complex in terms of making trading decisions. Predicting the market is a risky venture because of the uncertainties and nonlinear nature…

Artificial Intelligence · Computer Science 2022-02-07 Isobo Nelson Davies , Donald Ene , Ibiere Boma Cookey , Godwin Fred Lenu

Fuzzy logic programming is a growing declarative paradigm aiming to integrate fuzzy logic into logic programming. One of the most difficult tasks when specifying a fuzzy logic program is determining the right weights for each rule, as well…

Programming Languages · Computer Science 2016-08-17 Ginés Moreno , Jaime Penabad , Germán Vidal

In this paper, a new method based on TOPSIS and optimization models is proposed for multi-attribute group decision-making in the environment of interval-valued intuitionistic fuzzy sets.Firstly, by minimizing the sum of differences between…

Artificial Intelligence · Computer Science 2023-11-28 Qixiao Hu , Shiquan Zhang , Chaolang Hu , Yuetong Liu

This paper discusses a class of uncertain optimization problems, in which unknown parameters are modeled by fuzzy intervals. The membership functions of the fuzzy intervals are interpreted as possibility distributions for the values of the…

Data Structures and Algorithms · Computer Science 2020-09-15 Adam Kasperski , Pawel Zielinski

Aiming at the group decision - making problem with multi - objective attributes, this study proposes a group decision - making system that integrates fuzzy inference and Bayesian network. A fuzzy rule base is constructed by combining…

Artificial Intelligence · Computer Science 2025-05-01 Shui-jin Rong , Wei Guo , Da-qing Zhang

The coordinated and efficient distribution of limited resources by individual decisions is a fundamental, unsolved problem. When individuals compete for road capacities, time, space, money, goods, etc., they normally make decisions based on…

Statistical Mechanics · Physics 2009-11-07 Dirk Helbing , Martin Schoenhof , Daniel Kern

We explore a fuzzy modal logic that can formalise probabilistic reasoning about actions and knowledge. In particular, we deal with contexts involving statements about events expressed via modal formulas, e.g., "after doing $a$, the…

Logic in Computer Science · Computer Science 2026-04-27 Daniil Kozhemiachenko , Igor Sedlár

Managing investment portfolios is an old and well know problem in multiple fields including financial mathematics and financial engineering as well as econometrics and econophysics. Multiple different concepts and theories were used so far…

Portfolio Management · Quantitative Finance 2020-01-08 Jarosław Gruszka , Janusz Szwabiński

This paper focuses on a decentralized profit-center firm that uses negotiated transfer pricing as an instrument to coordinate the production process. Moreover, the firm's headquarters gives its divisions full authority over operating…

General Economics · Economics 2023-03-28 Christian Mitsch

This survey reviews portfolio choice in settings where investment opportunities are stochastic due to, e.g., stochastic volatility or return predictability. It is explained how to heuristically compute candidate optimal portfolios using…

Portfolio Management · Quantitative Finance 2013-11-08 Ren Liu , Johannes Muhle-Karbe

Asset allocation is an investment strategy that aims to balance risk and reward by constantly redistributing the portfolio's assets according to certain goals, risk tolerance, and investment horizon. Unfortunately, there is no simple…

Portfolio Management · Quantitative Finance 2022-08-16 Ricard Durall

Self-adaptive software (SAS) is capable of adjusting its behavior in response to meaningful changes in the operational context and itself. Due to the inherent volatility of the open and changeable environment in which SAS is embedded, the…

Software Engineering · Computer Science 2017-04-05 Zhuoqun Yang , Zhi Jin , Zhi Li

Fuzzy quantification is a subtopic of fuzzy logic which deals with the modelling of the quantified expressions we can find in natural language. Fuzzy quantifiers have been successfully applied in several fields like fuzzy, control, fuzzy…

Artificial Intelligence · Computer Science 2018-07-20 F. Díaz-Hermida , Juan. C. Vidal