2 papers
econ.TH2019
The interest rate for saving as a possibilistic risk
Irina Georgescu, Jani Kinnunen
In the paper there is studied an optimal saving model in which the interest-rate risk for saving is a fuzzy number. The total utility of consumption is defined by using a concept o…
q-fin.PM2019
How the investor's risk preferences influence the optimal allocation in a credibilistic portfolio problem
Irina Georgescu, Jani Kinnunen
A classical portfolio theory deals with finding the optimal proportion in which an agent invests a wealth in a risk-free asset and a probabilistic risky asset. Formulating and solv…