Robust portfolio optimization: a categorized bibliographic review

P Xidonas, R Steuer, C Hassapis - Annals of Operations Research, 2020 - Springer
Robust portfolio optimization refers to finding an asset allocation strategy whose behavior
under the worst possible realizations of the uncertain inputs, eg, returns and covariances, is …

Robust portfolio selection problems: a comprehensive review

A Ghahtarani, A Saif, A Ghasemi - Operational Research, 2022 - Springer
This paper reviews recent advances in robust portfolio selection problems and their
extensions, from both operational research and financial perspectives. A multi-dimensional …

Two-stage robust unit commitment for co-optimized electricity markets: An adaptive data-driven approach for scenario-based uncertainty sets

A Velloso, A Street, D Pozo, JM Arroyo… - IEEE Transactions on …, 2019 - ieeexplore.ieee.org
Two-stage robust unit commitment (RUC) models have been widely used for day-ahead
energy and reserve scheduling under high renewable integration. The current state of the art …

Power management in active distribution systems penetrated by photovoltaic inverters: A data-driven robust approach

F Mancilla-David, A Angulo… - IEEE Transactions on …, 2019 - ieeexplore.ieee.org
Under the smart grid paradigm, distribution systems with large penetrations of photovoltaic-
based power generation are called to optimize their operational resources to achieve a …

Robust strategic bidding in auction-based markets

B Fanzeres, S Ahmed, A Street - European Journal of Operational …, 2019 - Elsevier
In this paper, we propose an alternative methodology for devising revenue-maximizing
strategic bids under uncertainty in the competitors' bidding strategy. We focus on markets …

A new data-driven distributionally robust portfolio optimization method based on wasserstein ambiguity set

N Du, Y Liu, Y Liu - IEEE Access, 2020 - ieeexplore.ieee.org
Since optimal portfolio strategy depends heavily on the distribution of uncertain returns, this
article proposes a new method for the portfolio optimization problem with respect to …

Time-consistent risk-constrained dynamic portfolio optimization with transactional costs and time-dependent returns

D Valladão, T Silva, M Poggi - Annals of Operations Research, 2019 - Springer
Dynamic portfolio optimization has a vast literature exploring different simplifications by
virtue of computational tractability of the problem. Previous works provide solution methods …

A robust extreme learning machine based on adaptive loss function for regression modeling

F Zhang, S Chen, Z Hong, B Shan, Q Xu - Neural Processing Letters, 2023 - Springer
The extreme learning machine (ELM) algorithm is advantageous to regression modeling
owing to its simple structure, fast computation, and good generalization performance …

A novel probabilistic risk measure model for multi-period uncertain portfolio selection

HL Dai, CY Huang, FT Lai, XT Lv, HM Dai, S Tan… - Soft Computing, 2024 - Springer
We systematically study the multi-period uncertain portfolio selection problem when the
security return follows the uncertain distribution assessed by experts. However, the existing …

Distributionally robust portfolio optimization with linearized STARR performance measure

R Ji, MA Lejeune, Z Fan - Quantitative Finance, 2022 - Taylor & Francis
We study the distributionally robust linearized stable tail adjusted return ratio (DRLSTARR)
portfolio optimization problem, in which the objective is to maximize the worst-case …