| Article ID: | iaor20042472 |
| Country: | Portugal |
| Volume: | 23 |
| Issue: | 2 |
| Start Page Number: | 211 |
| End Page Number: | 224 |
| Publication Date: | Dec 2003 |
| Journal: | Investigao Operacional |
| Authors: | Jdice Joaquim Joo, Ribeiro Celma O., Santos Jorge P. |
| Keywords: | portfolio management |
In this paper Konno portfolio selection model is presented and compared with Markowitz classical model. The computational effort for finding an optimal portfolio by both models is investigated and the quality of the corresponding portfolio is analyzed. The use of these two models in real-life capital markets is finally discussed.