| Autor: |
Asante Gyamerah, Kwame Nkrumah, Perpetual Saah Andam, Joseph Ackora-Prah |
| Rok vydání: |
2014 |
| Předmět: |
|
| Zdroj: |
Applied Mathematical Sciences. 8:7137-7147 |
| ISSN: |
1314-7552 |
| DOI: |
10.12988/ams.2014.46425 |
| Popis: |
In this paper, we present a real life application of Pattern Search (PS) as a heuristic algorithm for the selection of an optimal portfolio of the Ghana Stock Exchange (GSE) market. Practical constraint (boundary and cardinality) model was formulated and a Mesh Adaptive Direct Searh method was applied to solve the model. From the computational results, we show that PS is a powerful and ecient optimization tool when an investor wants to select an optimal portfolio and allocate weights to the portfolio. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
|
