In this article we present a technique for implementing large-scale optimal portfolio selection.
We use high-frequency daily data to capture valuable statistical information in asset returns…

Agricultural economists have long recognized pest populations as common property
resources, and, as such, pest control through chemical pesticide application involves a tradeoff …

… Tew and Musser provide more details concerning results of the survey. … The output has
also been used as input into firm risk models—Mapp and Eidman (1975) and Tew incorporated …

Subsequently, Pulley [4] demonstrates that IKLM is not invariant to the value of ENU, although
it is invariant to linear transformations of the utility function. Pulley suggests that utility …

Extensive research on the ability of a carefully selected mean-variance efficient portfolio to
give almost maximum expected utility shows that, generally, this ability falls as relative risk …

Rotations have historically been used to alleviate pest problems in crop production. This paper
considers methods of modeling rotations in linear programming models for Southeastern …

… The recent work by Markowitz, Reid, and Tew [71 specifically addresses the appropriateness
of utility functions and levels of relative risk aversion (RRA). They concluded that RRA …

This paper explores the issue of approximating expected utility in applying portfolio theory. It
has been demonstrated that expected utility is very closely approximated by an appropriate …

This study shows that the price-yield correlation is a major influence in determining the
skewness of revenue. Therefore, normality for revenue may not be rejected even if the price and/…

The theoretical difficulties of the expected value‐variance (E‐V) criterion are well known. A
number of recent research efforts test the criterion's effectiveness in a publicly traded …