An Improved MV Method for Stock Allocation Based on the State-Space Measure of Cognitive Bias with a Hybrid Algorithm
In classical finance theory, cognitive bias does not play any role in predicting returns. With the development of the economy, the classical theory gradually finds it difficult to offset the irrational demand through arbitrage. Due to the rise of behavioral economics, how to allocate stock portfolio...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-06-01
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| Series: | Symmetry |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2073-8994/12/6/1036 |