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Binary Selection Preference Decision-Making Model Based on Preference Distance

  • Xu Jin
  • , Shicheng Hu*
  • , Zicong Wang
  • *Corresponding author for this work
  • School of Economics and Management, Harbin Institute of Technology Weihai

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Portfolio optimization refers to the realization of objectives such as maximizing returns and minimizing risks by allocating different assets when resources are limited. This paper improves the interactive multi-criteria decision-making method for multi-objective portfolio decision-making problems, focusing on optimizing the preference feedback link. Introducing the idea of semi-supervised learning, a new preference feedback method of dichotomous selection is proposed, which improves the interaction effect of the model and makes the model better approach the preference of decision makers. At the same time, through the establishment of an initial preference distance model and self-learning of the decision-makers’ preference characteristics, in order to continuously update the decision-makers’ preference distances for different portfolio options.

Original languageEnglish
Title of host publicationLecture Notes on Data Engineering and Communications Technologies
PublisherSpringer Science and Business Media Deutschland GmbH
Pages585-593
Number of pages9
DOIs
StatePublished - 2022
Externally publishedYes

Publication series

NameLecture Notes on Data Engineering and Communications Technologies
Volume80
ISSN (Print)2367-4512
ISSN (Electronic)2367-4520

Keywords

  • Distance measurement learning
  • Preference feedback
  • Semi-supervised learning

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