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Zagreb Stock Exchange 1 optimization 1 polynomial goal programming 1 portfolio selection 1 stocks 1
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Škrinjariæ, Tihana 1
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Zagreb International Review of Economics and Business 1
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Portfolio Selection with Higher Moments and Application on Zagreb Stock Exchange
Škrinjariæ, Tihana - In: Zagreb International Review of Economics and Business 16 (2013) 1, pp. 65-78
The Modern Portfolio Theory (MPT) has started a revolution in academic and investors’ circles since 1950s. In spite of the popularity of Markowitz’s portfolio selection, many critiques have been emerging throughout the years. One of them is the non normality of empirical return...
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