Advances in Decision Sciences / 2009 / Article / Tab 1

Research Article

Discrete Analysis of Portfolio Selection with Optimal Stopping Time

Table 1

The selected solutions of example.

Time 1Time 2Time 3Time 4

Payoff target obtained ScenarioNoneNone 𝑆 1 , 3 𝑆 8 , 3 None
Solution πœ€ 1 , 3 = 1 πœ€ 8 , 3 = 1
𝛿 1 , 3 = 1 𝛿 8 , 3 = 1
πœ™ 1 , 3 = 1 πœ™ 8 , 3 = 1

Bankruptcy happensScenarioNoneNone 𝑆 4 , 3 𝑆 1 9 , 4 𝑆 2 7 , 4
Solution πœ‚ 4 , 3 = 1 πœ‚ 1 9 , 4 = 1 πœ‚ 2 7 , 4 = 1
πœ‰ 4 , 3 = 1 πœ‰ 1 9 , 4 = 1 πœ‰ 2 7 , 4 = 1
πœ™ 4 , 3 = 1 πœ™ 1 9 , 4 = 1 πœ™ 2 7 , 4 = 1

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