| Article ID: | iaor2000499 |
| Country: | United Kingdom |
| Volume: | 7 |
| Issue: | 2 |
| Start Page Number: | 109 |
| End Page Number: | 119 |
| Publication Date: | Mar 1998 |
| Journal: | Journal of Multi-Criteria Decision Analysis |
| Authors: | White D.J. |
In this paper we show how the mean–variance efficient solution problem may be converted to a parametric efficient solution problem with objective functions affine in the mean and second moment of the random variable of concern. Some potential uses are considered, the relationship with some other work is examined and two potential applications are given.