This paper additionally incorporates the random decision behaviors of the decision-maker, in addiction to the randomness in the risky assets, into the decision-making process. Our work to this point is to investigate a multi-period mean–variance portfolio optimization under the assumption that...

The effects of temporally correlated noise on the conservation growth are studied via the Flory-type approach introduced by Hentschel and Family (Phys. Rev. Lett. 66, (1991) 1982). This phenomenological equation contains the Kardar–Parisi–Zhang, Sun–Guo–Grant, and molecular-beam epitaxy...