Portfolio optimization, heuristics, and the 'butterfly effect'.

According to the author of this article, a phenomenon called the 'butterfly effect' applies to portfolio optimizers just as much as it does to the global weather system. In this article, he discusses the drawbacks of portfolio optimizers and presents heuristic algorithms as a possible solution.

Main Author: Nawrocki, David.
Format: Villanova Faculty Authorship
Language: English
Published: 2000
Online Access: http://ezproxy.villanova.edu/login?url=https://digital.library.villanova.edu/Item/vudl:178255