{"product_id":"9783030702809","title":"International Series in Operations Research \u0026 Management Science: New Solutions and Cases for Optimized Portfolios","description":"\u003ch1\u003eInternational Series in Operations Research \u0026amp; Management Science: New Solutions and Cases for Optimized Portfolios\u003c\/h1\u003e \u003ch2\u003eMercangöz, Burcu Adıgüzel\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book explains the theoretical structure of particle swarm optimization (PSO) and focuses on the application of PSO to portfolio optimization problems. The general goal of portfolio optimization is to find a solution that provides the highest expected return at each level of portfolio risk. According to H. Markowitz’s portfolio selection theory, as new assets are added to an investment portfolio, the total risk of the portfolio’s decreases\u003cb\u003e \u003c\/b\u003edepending on the correlations of asset returns, while the expected return on the portfolio represents the weighted average of the expected returns for each asset.\u003c\/p\u003e\u003cp\u003eThe book explains PSO in detail and demonstrates how to implement Markowitz’s portfolio optimization approach using PSO. In addition, it expands on the Markowitz model and seeks to improve the solution-finding process with the aid of various algorithms. In short, the book provides researchers, teachers, engineers, managers and practitioners with many tools they need to apply the PSO technique to portfolio optimization.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2021-05-14\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783030702809\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-030-70281-6\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 351\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45378491351180,"sku":"9783030702809","price":152.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783030702809.jpg?v=1775005075","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783030702809","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}