{"id":"https://openalex.org/W3045552197","doi":"https://doi.org/10.1155/2020/3703017","title":"A Possibilistic Portfolio Model with Fuzzy Liquidity Constraint","display_name":"A Possibilistic Portfolio Model with Fuzzy Liquidity Constraint","publication_year":2020,"publication_date":"2020-07-29","ids":{"openalex":"https://openalex.org/W3045552197","doi":"https://doi.org/10.1155/2020/3703017","mag":"3045552197"},"language":"en","primary_location":{"id":"doi:10.1155/2020/3703017","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2020/3703017","pdf_url":"https://downloads.hindawi.com/journals/complexity/2020/3703017.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://downloads.hindawi.com/journals/complexity/2020/3703017.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5073492694","display_name":"Sui Yun-yun","orcid":"https://orcid.org/0000-0001-9666-8563"},"institutions":[{"id":"https://openalex.org/I66883779","display_name":"Weifang University","ror":"https://ror.org/01frp7483","country_code":"CN","type":"education","lineage":["https://openalex.org/I66883779"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Yunyun Sui","raw_affiliation_strings":["School of Mathematics and Information Science, Weifang University, Weifang 261061, China"],"affiliations":[{"raw_affiliation_string":"School of Mathematics and Information Science, Weifang University, Weifang 261061, China","institution_ids":["https://openalex.org/I66883779"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5063046158","display_name":"Jiangshan Hu","orcid":null},"institutions":[{"id":"https://openalex.org/I66883779","display_name":"Weifang University","ror":"https://ror.org/01frp7483","country_code":"CN","type":"education","lineage":["https://openalex.org/I66883779"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jiangshan Hu","raw_affiliation_strings":["School of Mathematics and Information Science, Weifang University, Weifang 261061, China"],"affiliations":[{"raw_affiliation_string":"School of Mathematics and Information Science, Weifang University, Weifang 261061, China","institution_ids":["https://openalex.org/I66883779"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5007306444","display_name":"Fang Ma","orcid":"https://orcid.org/0000-0001-5476-6982"},"institutions":[{"id":"https://openalex.org/I157507598","display_name":"Shenyang University of Technology","ror":"https://ror.org/00d7f8730","country_code":"CN","type":"education","lineage":["https://openalex.org/I157507598"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Fang Ma","raw_affiliation_strings":["School of Science, Shenyang University of Technology, Shenyang 110023, China"],"affiliations":[{"raw_affiliation_string":"School of Science, Shenyang University of Technology, Shenyang 110023, China","institution_ids":["https://openalex.org/I157507598"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5073492694"],"corresponding_institution_ids":["https://openalex.org/I66883779"],"apc_list":{"value":2300,"currency":"USD","value_usd":2300},"apc_paid":{"value":2300,"currency":"USD","value_usd":2300},"fwci":1.1142,"has_fulltext":true,"cited_by_count":10,"citation_normalized_percentile":{"value":0.80603596,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":97},"biblio":{"volume":"2020","issue":null,"first_page":"1","last_page":"10"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9997000098228455,"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":0.9997000098228455,"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/T12135","display_name":"Fuzzy Systems and Optimization","score":0.9969000220298767,"subfield":{"id":"https://openalex.org/subfields/2613","display_name":"Statistics and Probability"},"field":{"id":"https://openalex.org/fields/26","display_name":"Mathematics"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12709","display_name":"Optimization and Mathematical Programming","score":0.9915000200271606,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.7378617525100708},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.6396951675415039},{"id":"https://openalex.org/keywords/constraint","display_name":"Constraint (computer-aided design)","score":0.5374996662139893},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.5057270526885986},{"id":"https://openalex.org/keywords/capital-asset-pricing-model","display_name":"Capital asset pricing model","score":0.5050268769264221},{"id":"https://openalex.org/keywords/fuzzy-logic","display_name":"Fuzzy logic","score":0.46413347125053406},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4528171122074127},{"id":"https://openalex.org/keywords/liquidity-crisis","display_name":"Liquidity crisis","score":0.4527977406978607},{"id":"https://openalex.org/keywords/liquidity-constraint","display_name":"Liquidity constraint","score":0.45100489258766174},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.43882161378860474},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.4132683277130127},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3368052840232849},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.288362979888916},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2448430061340332},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.2282591164112091}],"concepts":[{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.7378617525100708},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6396951675415039},{"id":"https://openalex.org/C2776036281","wikidata":"https://www.wikidata.org/wiki/Q48769818","display_name":"Constraint (computer-aided design)","level":2,"score":0.5374996662139893},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5057270526885986},{"id":"https://openalex.org/C181236170","wikidata":"https://www.wikidata.org/wiki/Q848354","display_name":"Capital asset pricing model","level":2,"score":0.5050268769264221},{"id":"https://openalex.org/C58166","wikidata":"https://www.wikidata.org/wiki/Q224821","display_name":"Fuzzy logic","level":2,"score":0.46413347125053406},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4528171122074127},{"id":"https://openalex.org/C176923680","wikidata":"https://www.wikidata.org/wiki/Q3002739","display_name":"Liquidity crisis","level":3,"score":0.4527977406978607},{"id":"https://openalex.org/C2779798788","wikidata":"https://www.wikidata.org/wiki/Q6557504","display_name":"Liquidity constraint","level":3,"score":0.45100489258766174},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43882161378860474},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4132683277130127},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3368052840232849},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.288362979888916},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2448430061340332},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2282591164112091},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"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/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"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/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1155/2020/3703017","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2020/3703017","pdf_url":"https://downloads.hindawi.com/journals/complexity/2020/3703017.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:hin:complx:3703017","is_oa":false,"landing_page_url":"http://downloads.hindawi.com/journals/8503/2020/3703017.xml","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"},{"id":"pmh:oai:doaj.org/article:35498a52f1a7465a8b8c7b68fde203f0","is_oa":true,"landing_page_url":"https://doaj.org/article/35498a52f1a7465a8b8c7b68fde203f0","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Complexity, Vol 2020 (2020)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1155/2020/3703017","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2020/3703017","pdf_url":"https://downloads.hindawi.com/journals/complexity/2020/3703017.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G2087396116","display_name":null,"funder_award_id":"China","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3317480652","display_name":null,"funder_award_id":"Science","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3665471109","display_name":null,"funder_award_id":"114014","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3744313044","display_name":null,"funder_award_id":"Social","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G391238517","display_name":null,"funder_award_id":", and","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G4020255992","display_name":null,"funder_award_id":"Project","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G4761485794","display_name":null,"funder_award_id":"11401438","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G5497952773","display_name":null,"funder_award_id":"17CCXJ14","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G5994120800","display_name":null,"funder_award_id":"Natural","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8405419906","display_name":null,"funder_award_id":"13CRK027","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335869","display_name":"National Social Science Fund of China","ror":null},{"id":"https://openalex.org/F4320336624","display_name":"Social Science Planning Project of Shandong Province","ror":null}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3045552197.pdf","grobid_xml":"https://content.openalex.org/works/W3045552197.grobid-xml"},"referenced_works_count":40,"referenced_works":["https://openalex.org/W174171544","https://openalex.org/W1573610460","https://openalex.org/W1909989095","https://openalex.org/W1966873861","https://openalex.org/W1974385937","https://openalex.org/W1988279472","https://openalex.org/W2010383527","https://openalex.org/W2019820322","https://openalex.org/W2024810367","https://openalex.org/W2030106979","https://openalex.org/W2030275441","https://openalex.org/W2030464587","https://openalex.org/W2034905288","https://openalex.org/W2038865108","https://openalex.org/W2047485150","https://openalex.org/W2050932415","https://openalex.org/W2069099760","https://openalex.org/W2069134058","https://openalex.org/W2082285982","https://openalex.org/W2110673618","https://openalex.org/W2120374421","https://openalex.org/W2131116400","https://openalex.org/W2132208889","https://openalex.org/W2138490239","https://openalex.org/W2138518763","https://openalex.org/W2148083797","https://openalex.org/W2319520740","https://openalex.org/W2613695255","https://openalex.org/W2756392285","https://openalex.org/W2761152713","https://openalex.org/W2768613765","https://openalex.org/W2814588616","https://openalex.org/W2955597194","https://openalex.org/W2995076673","https://openalex.org/W3010087591","https://openalex.org/W3145083929","https://openalex.org/W4211007335","https://openalex.org/W4230588984","https://openalex.org/W4236551784","https://openalex.org/W4236670843"],"related_works":["https://openalex.org/W2590878260","https://openalex.org/W2545428999","https://openalex.org/W4384432113","https://openalex.org/W4213190691","https://openalex.org/W3121983833","https://openalex.org/W2969394928","https://openalex.org/W3122540039","https://openalex.org/W3122690029","https://openalex.org/W1584092679","https://openalex.org/W2340010856"],"abstract_inverted_index":{"Investors":[0],"are":[1,36],"concerned":[2],"about":[3],"the":[4,31,41,49,53,56,63,78],"reliability":[5],"and":[6,34,99],"safety":[7],"of":[8,52,58,80,87],"their":[9,91,96],"capital,":[10],"especially":[11],"its":[12,72],"liquidity,":[13],"when":[14],"investing.":[15],"This":[16],"paper":[17],"sets":[18],"up":[19],"a":[20,66],"possibilistic":[21],"portfolio":[22],"selection":[23],"model":[24,64],"with":[25],"liquidity":[26,35],"constraint.":[27],"In":[28],"this":[29],"model,":[30],"asset":[32,100],"return":[33,98],"fuzzy":[37],"variables":[38],"which":[39],"follow":[40],"normal":[42],"possibility":[43,59],"distributions.":[44],"Liquidity":[45],"is":[46],"measured":[47],"as":[48],"turnover":[50],"rate":[51],"asset.":[54],"On":[55],"basis":[57],"theory,":[60],"we":[61],"transform":[62],"into":[65],"quadratic":[67],"programming":[68],"problem":[69],"to":[70,95],"obtain":[71],"solution.":[73],"We":[74],"illustrate":[75],"that,":[76],"in":[77],"process":[79],"investment,":[81],"investors":[82],"can":[83],"make":[84],"better":[85],"use":[86],"capital":[88],"by":[89],"choosing":[90],"investment":[92],"portfolios":[93],"according":[94],"expected":[97],"liquidity.":[101]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":2}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}