Visualizing Investment Decision on Decision Balls

DOI: 10.4236/ajor.2011.12009   PDF   HTML     4,167 Downloads   8,566 Views   Citations


Decision makers’ choices are often influenced by visual background information. This study uses open-ended equity funds in Taiwan to investigate three well-known optimal portfolio models, including the mean-variance, maximin, and minimization of mean absolute deviation. The optimal portfolios are then visualized on Decision Balls to assist investors in making investment decisions. By observing the Decision Balls, investors can see the optimal portfolios, compare the optimal weights provided by the different models, view the cluster of funds, and even find substitute funds if preferred funds are not available.

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Ma, L. (2011) Visualizing Investment Decision on Decision Balls. American Journal of Operations Research, 1, 57-64. doi: 10.4236/ajor.2011.12009.

Conflicts of Interest

The authors declare no conflicts of interest.


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