Application of fuzzy logic in portfolio management: evidence from Iranian researches

Document Type: Review Paper

Authors

1 Department of Financial Management, Tonekabon Branch, Islamic Azad University, Iran.

2 Department of Business Management, Tonekabon Branch, Islamic Azad University, Iran.

Abstract

Over the past decades, financial researchers have proposed different methods in portfolio selection, so that, Markwotiz [1] introduced risk and return criteria for a portfolio selection. Since it is difficult how to select an adequate stock portfolio, fuzzy models have been able to help researchers by considering uncertainty. In this research, we surveyed a portfolio management by reviewing the relevant literature of fuzzy model in financial management. The results showed that a fuzzy model can to determine an optimal portfolio.

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References

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Journal of Fuzzy Extension and Applications

Volume 1, Issue 2
Spring 2020
Pages 115-118

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