Full metadata record
DC Field | Value | Language |
---|---|---|
dc.citation.number | 17 | - |
dc.citation.startPage | 7073 | - |
dc.citation.title | SUSTAINABILITY | - |
dc.citation.volume | 12 | - |
dc.contributor.author | Lee, Yongjae | - |
dc.contributor.author | Kim, Woo Chang | - |
dc.contributor.author | Kim, Jang Ho | - |
dc.date.accessioned | 2023-12-21T17:07:40Z | - |
dc.date.available | 2023-12-21T17:07:40Z | - |
dc.date.created | 2020-08-31 | - |
dc.date.issued | 2020-09 | - |
dc.description.abstract | While many individuals make investments to gain financial stability, most individual investors hold under-diversified portfolios that consist of only a few financial assets. Lack of diversification is alarming especially for average individuals because it may result in massive drawdowns in their portfolio returns. In this study, we analyze if it is theoretically feasible to construct fully risk-diversified portfolios even for the small accounts of not-so-rich individuals. In this regard, we formulate an investment size constrained mean-variance portfolio selection problem and investigate the relationship between the investment amount and diversification effect. | - |
dc.identifier.bibliographicCitation | SUSTAINABILITY, v.12, no.17, pp.7073 | - |
dc.identifier.doi | 10.3390/su12177073 | - |
dc.identifier.issn | 2071-1050 | - |
dc.identifier.scopusid | 2-s2.0-85090460862 | - |
dc.identifier.uri | https://scholarworks.unist.ac.kr/handle/201301/48335 | - |
dc.identifier.url | https://www.mdpi.com/2071-1050/12/17/7073 | - |
dc.identifier.wosid | 000569726200001 | - |
dc.language | 영어 | - |
dc.publisher | MDPI Open Access Publishing | - |
dc.title | Achieving Portfolio Diversification for Individuals with Low Financial Sustainability | - |
dc.type | Article | - |
dc.description.isOpenAccess | FALSE | - |
dc.relation.journalWebOfScienceCategory | Green & Sustainable Science & Technology; Environmental Sciences; Environmental Studies | - |
dc.relation.journalResearchArea | Science & Technology - Other Topics; Environmental Sciences & Ecology | - |
dc.type.docType | Article | - |
dc.description.journalRegisteredClass | scie | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.subject.keywordAuthor | portfolio diversification | - |
dc.subject.keywordAuthor | individual investor | - |
dc.subject.keywordAuthor | financial sustainability | - |
dc.subject.keywordAuthor | portfolio size | - |
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