The Effect of Exit Strategy on Optimal Portfolio Selection with Birandom Returns

Table 1

The distributions of stocks 𝑚₁, 𝑚₂, and 𝑚₃.

Parameters	𝑚1	𝑚2	𝑚3
𝑎𝑖 (𝑖=1,2,3)	2/3	1/2	1/3
𝑏𝑖 (𝑖=1,2,3)	1/3	1/2	2/3
𝜀𝑖1 (𝑖=1,2,3)	𝑈[0, 6%]	𝑈[0, 8%]	𝑈[0,10%]
𝜀𝑖2 (𝑖=1,2,3)	𝑈[−8%, 0]	𝑈[−10%, 0]	𝑈[−12%, 0]