Kerstens, Kristiaan; Mounier, Amine; Van de Woestyne, Ignace - Faculteit Economie en Bedrijfswetenschappen, … - 2008
The literature suggests that investors prefer portfolios based on mean, variance and skewness rather than portfolios based on mean-variance (MV) criteria solely. Furthermore, a small variety of methods have been proposed to determine meanvariance-skewness (MVS) optimal portfolios. Recently, the...