{"id":"https://openalex.org/W3191630563","doi":"https://doi.org/10.1007/s13042-021-01402-9","title":"Fuzzy portfolio selection based on three-way decision and cumulative prospect theory","display_name":"Fuzzy portfolio selection based on three-way decision and cumulative prospect theory","publication_year":2021,"publication_date":"2021-08-09","ids":{"openalex":"https://openalex.org/W3191630563","doi":"https://doi.org/10.1007/s13042-021-01402-9","mag":"3191630563"},"language":"en","primary_location":{"id":"doi:10.1007/s13042-021-01402-9","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s13042-021-01402-9","pdf_url":null,"source":{"id":"https://openalex.org/S2764999920","display_name":"International Journal of Machine Learning and Cybernetics","issn_l":"1868-8071","issn":["1868-8071","1868-808X"],"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":"International Journal of Machine Learning and Cybernetics","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/A5036275375","display_name":"Xianhe Wang","orcid":"https://orcid.org/0000-0002-0344-4200"},"institutions":[{"id":"https://openalex.org/I881766915","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760","country_code":"CN","type":"education","lineage":["https://openalex.org/I881766915"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xianhe Wang","raw_affiliation_strings":["School of Management and Engineering, Nanjing University, Nanjing, 210093, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management and Engineering, Nanjing University, Nanjing, 210093, China","institution_ids":["https://openalex.org/I881766915"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100408156","display_name":"Bo Wang","orcid":"https://orcid.org/0000-0002-9264-9741"},"institutions":[{"id":"https://openalex.org/I881766915","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760","country_code":"CN","type":"education","lineage":["https://openalex.org/I881766915"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Bo Wang","raw_affiliation_strings":["School of Management and Engineering, Nanjing University, Nanjing, 210093, China"],"raw_orcid":"https://orcid.org/0000-0002-9264-9741","affiliations":[{"raw_affiliation_string":"School of Management and Engineering, Nanjing University, Nanjing, 210093, China","institution_ids":["https://openalex.org/I881766915"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100453861","display_name":"Shu Liu","orcid":"https://orcid.org/0000-0003-2165-5471"},"institutions":[{"id":"https://openalex.org/I158934434","display_name":"Zhongnan University of Economics and Law","ror":"https://ror.org/04yqxxq63","country_code":"CN","type":"education","lineage":["https://openalex.org/I158934434"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shu Liu","raw_affiliation_strings":["School of Finance, Zhongnan University of Economics and Law, Wuhan, 430073, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Finance, Zhongnan University of Economics and Law, Wuhan, 430073, China","institution_ids":["https://openalex.org/I158934434"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5076835782","display_name":"Huaxiong Li","orcid":"https://orcid.org/0000-0003-0395-1525"},"institutions":[{"id":"https://openalex.org/I881766915","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760","country_code":"CN","type":"education","lineage":["https://openalex.org/I881766915"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Huaxiong Li","raw_affiliation_strings":["School of Management and Engineering, Nanjing University, Nanjing, 210093, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management and Engineering, Nanjing University, Nanjing, 210093, China","institution_ids":["https://openalex.org/I881766915"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5039465981","display_name":"Tianxing Wang","orcid":"https://orcid.org/0000-0001-9146-1504"},"institutions":[{"id":"https://openalex.org/I881766915","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760","country_code":"CN","type":"education","lineage":["https://openalex.org/I881766915"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Tianxing Wang","raw_affiliation_strings":["School of Management and Engineering, Nanjing University, Nanjing, 210093, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management and Engineering, Nanjing University, Nanjing, 210093, China","institution_ids":["https://openalex.org/I881766915"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5036511259","display_name":"Junzo Watada","orcid":"https://orcid.org/0000-0002-3322-2086"},"institutions":[{"id":"https://openalex.org/I150744194","display_name":"Waseda University","ror":"https://ror.org/00ntfnx83","country_code":"JP","type":"education","lineage":["https://openalex.org/I150744194"]}],"countries":["JP"],"is_corresponding":false,"raw_author_name":"Junzo Watada","raw_affiliation_strings":["School of Information, Production and Systems, Waseda University, Fukuoka, 808-0135, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Information, Production and Systems, Waseda University, Fukuoka, 808-0135, Japan","institution_ids":["https://openalex.org/I150744194"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":6,"corresponding_author_ids":["https://openalex.org/A5036275375"],"corresponding_institution_ids":["https://openalex.org/I881766915"],"apc_list":{"value":2790,"currency":"EUR","value_usd":3590},"apc_paid":null,"fwci":3.2237,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.91956561,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"13","issue":"1","first_page":"293","last_page":"308"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10050","display_name":"Multi-Criteria Decision Making","score":0.993399977684021,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10050","display_name":"Multi-Criteria Decision Making","score":0.993399977684021,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9912999868392944,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9745000004768372,"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/cumulative-prospect-theory","display_name":"Cumulative prospect theory","score":0.7280160188674927},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.6579551100730896},{"id":"https://openalex.org/keywords/modern-portfolio-theory","display_name":"Modern portfolio theory","score":0.6118465662002563},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6007317304611206},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.5433580875396729},{"id":"https://openalex.org/keywords/computational-intelligence","display_name":"Computational intelligence","score":0.5327655673027039},{"id":"https://openalex.org/keywords/fuzzy-logic","display_name":"Fuzzy logic","score":0.532184362411499},{"id":"https://openalex.org/keywords/prospect-theory","display_name":"Prospect theory","score":0.5218238234519958},{"id":"https://openalex.org/keywords/portfolio-optimization","display_name":"Portfolio optimization","score":0.4989142417907715},{"id":"https://openalex.org/keywords/decision-theory","display_name":"Decision theory","score":0.49549925327301025},{"id":"https://openalex.org/keywords/expected-return","display_name":"Expected return","score":0.48118358850479126},{"id":"https://openalex.org/keywords/fuzzy-set","display_name":"Fuzzy set","score":0.4421074390411377},{"id":"https://openalex.org/keywords/cash-flow","display_name":"Cash flow","score":0.421700656414032},{"id":"https://openalex.org/keywords/selection","display_name":"Selection (genetic algorithm)","score":0.41687777638435364},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.39669269323349},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3530881106853485},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3340036869049072},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3230513334274292},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.2617127299308777},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.24822601675987244},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.19702571630477905},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.17313158512115479},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.1674831211566925},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.1300610601902008}],"concepts":[{"id":"https://openalex.org/C2779449553","wikidata":"https://www.wikidata.org/wiki/Q5194187","display_name":"Cumulative prospect theory","level":3,"score":0.7280160188674927},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6579551100730896},{"id":"https://openalex.org/C9725762","wikidata":"https://www.wikidata.org/wiki/Q1072885","display_name":"Modern portfolio theory","level":3,"score":0.6118465662002563},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6007317304611206},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.5433580875396729},{"id":"https://openalex.org/C139502532","wikidata":"https://www.wikidata.org/wiki/Q1122090","display_name":"Computational intelligence","level":2,"score":0.5327655673027039},{"id":"https://openalex.org/C58166","wikidata":"https://www.wikidata.org/wiki/Q224821","display_name":"Fuzzy logic","level":2,"score":0.532184362411499},{"id":"https://openalex.org/C339426","wikidata":"https://www.wikidata.org/wiki/Q1151839","display_name":"Prospect theory","level":2,"score":0.5218238234519958},{"id":"https://openalex.org/C202655437","wikidata":"https://www.wikidata.org/wiki/Q7231728","display_name":"Portfolio optimization","level":3,"score":0.4989142417907715},{"id":"https://openalex.org/C28901747","wikidata":"https://www.wikidata.org/wiki/Q177571","display_name":"Decision theory","level":2,"score":0.49549925327301025},{"id":"https://openalex.org/C154611145","wikidata":"https://www.wikidata.org/wiki/Q4331879","display_name":"Expected return","level":3,"score":0.48118358850479126},{"id":"https://openalex.org/C42011625","wikidata":"https://www.wikidata.org/wiki/Q1055058","display_name":"Fuzzy set","level":3,"score":0.4421074390411377},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.421700656414032},{"id":"https://openalex.org/C81917197","wikidata":"https://www.wikidata.org/wiki/Q628760","display_name":"Selection (genetic algorithm)","level":2,"score":0.41687777638435364},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.39669269323349},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3530881106853485},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3340036869049072},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3230513334274292},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.2617127299308777},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.24822601675987244},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.19702571630477905},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.17313158512115479},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1674831211566925},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1300610601902008}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1007/s13042-021-01402-9","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s13042-021-01402-9","pdf_url":null,"source":{"id":"https://openalex.org/S2764999920","display_name":"International Journal of Machine Learning and Cybernetics","issn_l":"1868-8071","issn":["1868-8071","1868-808X"],"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":"International Journal of Machine Learning and Cybernetics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.4300000071525574,"display_name":"Peace, Justice and strong institutions"}],"awards":[{"id":"https://openalex.org/G2172947564","display_name":null,"funder_award_id":"71732003","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G7534114545","display_name":null,"funder_award_id":"61603176","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8902392523","display_name":null,"funder_award_id":"14380037","funder_id":"https://openalex.org/F4320335787","funder_display_name":"Fundamental Research Funds for the Central Universities"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335787","display_name":"Fundamental Research Funds for the Central Universities","ror":null}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W1516216243","https://openalex.org/W1974379101","https://openalex.org/W2014583745","https://openalex.org/W2024352321","https://openalex.org/W2024810367","https://openalex.org/W2028133039","https://openalex.org/W2041946752","https://openalex.org/W2042223112","https://openalex.org/W2044770310","https://openalex.org/W2070813883","https://openalex.org/W2080404663","https://openalex.org/W2092162738","https://openalex.org/W2120733867","https://openalex.org/W2128530362","https://openalex.org/W2133469585","https://openalex.org/W2136821145","https://openalex.org/W2148175544","https://openalex.org/W2148675883","https://openalex.org/W2154589806","https://openalex.org/W2157791744","https://openalex.org/W2161729785","https://openalex.org/W2217596628","https://openalex.org/W2345465422","https://openalex.org/W2561166280","https://openalex.org/W2600130025","https://openalex.org/W2765465776","https://openalex.org/W2808794355","https://openalex.org/W2913485292","https://openalex.org/W2944449460","https://openalex.org/W2948893080","https://openalex.org/W2961570542","https://openalex.org/W2969471676","https://openalex.org/W2972986690","https://openalex.org/W2980272624","https://openalex.org/W2989585950","https://openalex.org/W2999323644","https://openalex.org/W3003916820","https://openalex.org/W3005997720","https://openalex.org/W3008681130","https://openalex.org/W3011865677","https://openalex.org/W3014134648","https://openalex.org/W3033798378","https://openalex.org/W3049686946","https://openalex.org/W3096200835","https://openalex.org/W3106955341","https://openalex.org/W3122292366","https://openalex.org/W3145083929"],"related_works":["https://openalex.org/W2792368695","https://openalex.org/W1867807111","https://openalex.org/W2170600561","https://openalex.org/W171717512","https://openalex.org/W3147651670","https://openalex.org/W1520783413","https://openalex.org/W4242674539","https://openalex.org/W2264261493","https://openalex.org/W1130409399","https://openalex.org/W3123937287"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":6}],"updated_date":"2026-05-05T08:41:31.759640","created_date":"2025-10-10T00:00:00"}