{"id":"https://openalex.org/W4313856929","doi":"https://doi.org/10.1142/s0219622023500190","title":"Multiple Risks and Uncertain Portfolio Management","display_name":"Multiple Risks and Uncertain Portfolio Management","publication_year":2023,"publication_date":"2023-01-10","ids":{"openalex":"https://openalex.org/W4313856929","doi":"https://doi.org/10.1142/s0219622023500190"},"language":"en","primary_location":{"id":"doi:10.1142/s0219622023500190","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219622023500190","pdf_url":null,"source":{"id":"https://openalex.org/S207089700","display_name":"International Journal of Information Technology & Decision Making","issn_l":"0219-6220","issn":["0219-6220","1793-6845"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Technology & Decision Making","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/A5060574992","display_name":"Guowei Jiang","orcid":null},"institutions":[{"id":"https://openalex.org/I99065089","display_name":"Tsinghua University","ror":"https://ror.org/03cve4549","country_code":"CN","type":"education","lineage":["https://openalex.org/I99065089"]},{"id":"https://openalex.org/I92403157","display_name":"University of Science and Technology Beijing","ror":"https://ror.org/02egmk993","country_code":"CN","type":"education","lineage":["https://openalex.org/I92403157"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Guowei Jiang","raw_affiliation_strings":["School of Economics and Management, Tsinghua University, Beijing 100080, P. R. China","School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, P. R. China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Tsinghua University, Beijing 100080, P. R. China","institution_ids":["https://openalex.org/I99065089"]},{"raw_affiliation_string":"School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, P. R. China","institution_ids":["https://openalex.org/I92403157"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010424603","display_name":"Xiaoxia Huang","orcid":"https://orcid.org/0000-0003-2878-9544"},"institutions":[{"id":"https://openalex.org/I92403157","display_name":"University of Science and Technology Beijing","ror":"https://ror.org/02egmk993","country_code":"CN","type":"education","lineage":["https://openalex.org/I92403157"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xiaoxia Huang","raw_affiliation_strings":["School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, P. R. China"],"affiliations":[{"raw_affiliation_string":"School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, P. R. China","institution_ids":["https://openalex.org/I92403157"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101931428","display_name":"Tingting Yang","orcid":"https://orcid.org/0000-0001-6984-3530"},"institutions":[{"id":"https://openalex.org/I4210153482","display_name":"Changzhou University","ror":"https://ror.org/04ymgwq66","country_code":"CN","type":"education","lineage":["https://openalex.org/I4210153482"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Tingting Yang","raw_affiliation_strings":["Wu Jinglian School of Economics, Changzhou University, Changzhou 213164, P. R. China"],"affiliations":[{"raw_affiliation_string":"Wu Jinglian School of Economics, Changzhou University, Changzhou 213164, P. R. China","institution_ids":["https://openalex.org/I4210153482"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5010424603"],"corresponding_institution_ids":["https://openalex.org/I92403157"],"apc_list":null,"apc_paid":null,"fwci":0.2545,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.52589408,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":95},"biblio":{"volume":"24","issue":"01","first_page":"297","last_page":"325"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.974399983882904,"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/T11413","display_name":"Risk and Portfolio Optimization","score":0.974399983882904,"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/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9628000259399414,"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/T11059","display_name":"Market Dynamics and Volatility","score":0.9614999890327454,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.6875761151313782},{"id":"https://openalex.org/keywords/rate-of-return-on-a-portfolio","display_name":"Rate of return on a portfolio","score":0.5968983173370361},{"id":"https://openalex.org/keywords/asset-allocation","display_name":"Asset allocation","score":0.5407658815383911},{"id":"https://openalex.org/keywords/expected-return","display_name":"Expected return","score":0.5323486924171448},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.5170236825942993},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.507757306098938},{"id":"https://openalex.org/keywords/capital-asset-pricing-model","display_name":"Capital asset pricing model","score":0.4896257519721985},{"id":"https://openalex.org/keywords/modern-portfolio-theory","display_name":"Modern portfolio theory","score":0.450792133808136},{"id":"https://openalex.org/keywords/risk\u2013return-spectrum","display_name":"Risk\u2013return spectrum","score":0.4394172728061676},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3939017653465271},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3475393056869507},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.2908358573913574},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.2745186984539032}],"concepts":[{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6875761151313782},{"id":"https://openalex.org/C104946779","wikidata":"https://www.wikidata.org/wiki/Q7295542","display_name":"Rate of return on a portfolio","level":4,"score":0.5968983173370361},{"id":"https://openalex.org/C139819358","wikidata":"https://www.wikidata.org/wiki/Q462748","display_name":"Asset allocation","level":3,"score":0.5407658815383911},{"id":"https://openalex.org/C154611145","wikidata":"https://www.wikidata.org/wiki/Q4331879","display_name":"Expected return","level":3,"score":0.5323486924171448},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.5170236825942993},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.507757306098938},{"id":"https://openalex.org/C181236170","wikidata":"https://www.wikidata.org/wiki/Q848354","display_name":"Capital asset pricing model","level":2,"score":0.4896257519721985},{"id":"https://openalex.org/C9725762","wikidata":"https://www.wikidata.org/wiki/Q1072885","display_name":"Modern portfolio theory","level":3,"score":0.450792133808136},{"id":"https://openalex.org/C30755413","wikidata":"https://www.wikidata.org/wiki/Q1245402","display_name":"Risk\u2013return spectrum","level":3,"score":0.4394172728061676},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3939017653465271},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3475393056869507},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.2908358573913574},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.2745186984539032},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1142/s0219622023500190","is_oa":false,"landing_page_url":"https://doi.org/10.1142/s0219622023500190","pdf_url":null,"source":{"id":"https://openalex.org/S207089700","display_name":"International Journal of Information Technology & Decision Making","issn_l":"0219-6220","issn":["0219-6220","1793-6845"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319815","host_organization_name":"World Scientific","host_organization_lineage":["https://openalex.org/P4310319815"],"host_organization_lineage_names":["World Scientific"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Information Technology & Decision Making","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:wsi:ijitdm:v:24:y:2025:i:01:n:s0219622023500190","is_oa":false,"landing_page_url":"http://www.worldscientific.com/doi/abs/10.1142/S0219622023500190","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, Justice and strong institutions","score":0.7400000095367432,"id":"https://metadata.un.org/sdg/16"}],"awards":[{"id":"https://openalex.org/G8912456619","display_name":null,"funder_award_id":"FRF-MP-20-12","funder_id":"https://openalex.org/F4320335787","funder_display_name":"Fundamental Research Funds for the Central Universities"}],"funders":[{"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":36,"referenced_works":["https://openalex.org/W1975060150","https://openalex.org/W1975232718","https://openalex.org/W1986688916","https://openalex.org/W1995695651","https://openalex.org/W2006316728","https://openalex.org/W2009263210","https://openalex.org/W2020009700","https://openalex.org/W2044337436","https://openalex.org/W2062229217","https://openalex.org/W2073430114","https://openalex.org/W2079853913","https://openalex.org/W2093886161","https://openalex.org/W2102236934","https://openalex.org/W2137724915","https://openalex.org/W2231151710","https://openalex.org/W2464794233","https://openalex.org/W2553445305","https://openalex.org/W2623280098","https://openalex.org/W2748316329","https://openalex.org/W2781296878","https://openalex.org/W2826035024","https://openalex.org/W2922277727","https://openalex.org/W2995120487","https://openalex.org/W2998107302","https://openalex.org/W3003916820","https://openalex.org/W3015041021","https://openalex.org/W3092006703","https://openalex.org/W3108216826","https://openalex.org/W3123690058","https://openalex.org/W3124317869","https://openalex.org/W4206830167","https://openalex.org/W4211007335","https://openalex.org/W4230661391","https://openalex.org/W4233511413","https://openalex.org/W4234521054","https://openalex.org/W4236670843"],"related_works":["https://openalex.org/W2619879734","https://openalex.org/W613560888","https://openalex.org/W1545844137","https://openalex.org/W3215580947","https://openalex.org/W2338669561","https://openalex.org/W4290972973","https://openalex.org/W4232078172","https://openalex.org/W2094626255","https://openalex.org/W2221832056","https://openalex.org/W2770917262"],"abstract_inverted_index":{"This":[0],"paper":[1],"studies":[2],"comparative":[3],"static":[4],"effects":[5,134],"under":[6,109],"uncertainty":[7,160],"when":[8,45,151],"investors":[9,87],"face":[10],"a":[11,21,56,97,163],"portfolio":[12,67,78,165],"decision":[13,98],"problem":[14,108],"with":[15,62],"both":[16],"an":[17,58],"endogenous":[18],"risk":[19,64,93],"and":[20,36,94,127,139,145,154],"background":[22,37,63,146,155],"risk.":[23],"Since":[24],"the":[25,73,83,103,106,133],"security":[26,34,152],"market":[27],"is":[28,69,168],"complex,":[29],"there":[30],"exists":[31],"situation":[32],"where":[33],"return":[35,39,79,112,120,153,157],"asset":[38,126,144,147,156],"are":[40],"given":[41,169],"by":[42,50],"experts\u2019":[43],"estimates":[44],"they":[46],"cannot":[47],"be":[48],"reflected":[49],"historical":[51],"data.":[52],"Focusing":[53],"on":[54,148],"such":[55],"situation,":[57],"uncertain":[59],"mean-chance":[60],"model":[61],"for":[65],"optimal":[66],"selection":[68,166],"developed,":[70],"in":[71,137],"which":[72],"use":[74],"of":[75,77,105,118,135,142],"chance":[76],"failing":[80],"to":[81],"reach":[82],"threshold":[84,111,119],"can":[85],"help":[86],"easily":[88],"determine":[89],"their":[90],"tolerance":[91],"toward":[92],"thus":[95],"facilitate":[96],"making.":[99],"Then":[100],"we":[101,131],"analyze":[102],"solution":[104],"programming":[107],"different":[110,116],"level,":[113],"i.e.,":[114],"how":[115],"degrees":[117],"will":[121],"affect":[122],"allocation":[123],"between":[124],"risky":[125,143],"risk-free":[128],"asset.":[129],"Furthermore,":[130],"discuss":[132],"changes":[136],"mean":[138],"standard":[140],"deviation":[141],"investment":[149],"decisions":[150],"follow":[158],"normal":[159],"distributions.":[161],"Finally,":[162],"real":[164],"example":[167],"as":[170],"illustration.":[171]},"counts_by_year":[{"year":2025,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}