TITLE:
An Alternative Method of Stochastic Optimization: The Portfolio Model
AUTHORS:
Moawia Alghalith
KEYWORDS:
Stochastic Optimization, Investment, Portfolio
JOURNAL NAME:
Applied Mathematics,
Vol.2 No.7,
July
15,
2011
ABSTRACT: We provide a new simple approach to stochastic dynamic optimization. In doing so, we derive the existing (standard) results using a far simpler technique than the duality and the variational methods.