{"id":"https://openalex.org/W3124522512","doi":"https://doi.org/10.1007/s007800050063","title":"Beating a moving target: Optimal portfolio strategies for outperforming a stochastic benchmark","display_name":"Beating a moving target: Optimal portfolio strategies for outperforming a stochastic benchmark","publication_year":1999,"publication_date":"1999-05-01","ids":{"openalex":"https://openalex.org/W3124522512","doi":"https://doi.org/10.1007/s007800050063","mag":"3124522512"},"language":"en","primary_location":{"id":"doi:10.1007/s007800050063","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800050063","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5005326549","display_name":"Sid Browne","orcid":null},"institutions":[{"id":"https://openalex.org/I78577930","display_name":"Columbia University","ror":"https://ror.org/00hj8s172","country_code":"US","type":"education","lineage":["https://openalex.org/I78577930"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Sid Browne","raw_affiliation_strings":["402 Uris Hall, Graduate School of Business, Columbia University, New York, NY 10027, USA (e-mail: sb30@columbia.edu.)\n, US","402 Uris Hall, Graduate School of Business, Columbia University, New York, NY 10027, USA (e-mail: sb30@columbia.edu.)#N#, , US"],"affiliations":[{"raw_affiliation_string":"402 Uris Hall, Graduate School of Business, Columbia University, New York, NY 10027, USA (e-mail: sb30@columbia.edu.)\n, US","institution_ids":["https://openalex.org/I78577930"]},{"raw_affiliation_string":"402 Uris Hall, Graduate School of Business, Columbia University, New York, NY 10027, USA (e-mail: sb30@columbia.edu.)#N#, , US","institution_ids":["https://openalex.org/I78577930"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5005326549"],"corresponding_institution_ids":["https://openalex.org/I78577930"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":5.7325,"has_fulltext":false,"cited_by_count":207,"citation_normalized_percentile":{"value":0.96236839,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"3","issue":"3","first_page":"275","last_page":"294"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9975000023841858,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.9975000023841858,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9951000213623047,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9941999912261963,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/benchmark","display_name":"Benchmark (surveying)","score":0.9034112691879272},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.730333685874939},{"id":"https://openalex.org/keywords/maximization","display_name":"Maximization","score":0.5897437930107117},{"id":"https://openalex.org/keywords/mathematical-finance","display_name":"Mathematical finance","score":0.5717852711677551},{"id":"https://openalex.org/keywords/project-portfolio-management","display_name":"Project portfolio management","score":0.5258370637893677},{"id":"https://openalex.org/keywords/investment-strategy","display_name":"Investment strategy","score":0.5089712142944336},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.48781755566596985},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4805498719215393},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.449887752532959},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.43008214235305786},{"id":"https://openalex.org/keywords/utility-maximization-problem","display_name":"Utility maximization problem","score":0.41392406821250916},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3956669867038727},{"id":"https://openalex.org/keywords/utility-maximization","display_name":"Utility maximization","score":0.336078017950058},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.24416124820709229},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.23365870118141174},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.22795957326889038},{"id":"https://openalex.org/keywords/project-management","display_name":"Project management","score":0.06803515553474426}],"concepts":[{"id":"https://openalex.org/C185798385","wikidata":"https://www.wikidata.org/wiki/Q1161707","display_name":"Benchmark (surveying)","level":2,"score":0.9034112691879272},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.730333685874939},{"id":"https://openalex.org/C2776330181","wikidata":"https://www.wikidata.org/wiki/Q18358244","display_name":"Maximization","level":2,"score":0.5897437930107117},{"id":"https://openalex.org/C93373587","wikidata":"https://www.wikidata.org/wiki/Q335632","display_name":"Mathematical finance","level":2,"score":0.5717852711677551},{"id":"https://openalex.org/C74510933","wikidata":"https://www.wikidata.org/wiki/Q1936145","display_name":"Project portfolio management","level":3,"score":0.5258370637893677},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.5089712142944336},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.48781755566596985},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4805498719215393},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.449887752532959},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.43008214235305786},{"id":"https://openalex.org/C2779044140","wikidata":"https://www.wikidata.org/wiki/Q3274096","display_name":"Utility maximization problem","level":3,"score":0.41392406821250916},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3956669867038727},{"id":"https://openalex.org/C2985793214","wikidata":"https://www.wikidata.org/wiki/Q3274096","display_name":"Utility maximization","level":2,"score":0.336078017950058},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.24416124820709229},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23365870118141174},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.22795957326889038},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.06803515553474426},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C13280743","wikidata":"https://www.wikidata.org/wiki/Q131089","display_name":"Geodesy","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s007800050063","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800050063","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W1501792037","https://openalex.org/W1513091520","https://openalex.org/W1558902221","https://openalex.org/W1602174990","https://openalex.org/W2005158847","https://openalex.org/W2017070537","https://openalex.org/W2041823389","https://openalex.org/W2044793768","https://openalex.org/W2054445192","https://openalex.org/W2056768564","https://openalex.org/W2068841402","https://openalex.org/W2074355589","https://openalex.org/W2110393192","https://openalex.org/W2135853605","https://openalex.org/W2146024408","https://openalex.org/W2171169470","https://openalex.org/W2317178371","https://openalex.org/W3124756721"],"related_works":["https://openalex.org/W2951390543","https://openalex.org/W906058959","https://openalex.org/W2080307616","https://openalex.org/W1965889553","https://openalex.org/W3123274248","https://openalex.org/W2009611555","https://openalex.org/W3124891852","https://openalex.org/W2114589695","https://openalex.org/W2164546915","https://openalex.org/W2029629802"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":12},{"year":2015,"cited_by_count":10},{"year":2014,"cited_by_count":14},{"year":2013,"cited_by_count":8},{"year":2012,"cited_by_count":9}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}
