Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis

In the wake of recent turbulent events in the global economy, the need for robust methods to navigate uncertainties in financial markets has become increasingly apparent. Robust portfolio optimization (RPO) offers a solution by devising investment strategies that perform well even under adverse scen...

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Main Authors: Amirhossein Eskorouchi, Hossein Ghanbari, Emran Mohammadi
Format: Article
Language:English
Published: Ferdowsi University of Mashhad 2024-07-01
Series:Iranian Journal of Accounting, Auditing & Finance
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Online Access:https://ijaaf.um.ac.ir/article_44518_5863827089b1dc99d7511cef987a813f.pdf
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author Amirhossein Eskorouchi
Hossein Ghanbari
Emran Mohammadi
author_facet Amirhossein Eskorouchi
Hossein Ghanbari
Emran Mohammadi
author_sort Amirhossein Eskorouchi
collection DOAJ
description In the wake of recent turbulent events in the global economy, the need for robust methods to navigate uncertainties in financial markets has become increasingly apparent. Robust portfolio optimization (RPO) offers a solution by devising investment strategies that perform well even under adverse scenarios of uncertain inputs such as returns and covariances. This paper conducts a systematic review of recent developments and extensions in the field of RPO. Leveraging bibliometric analysis and visual mapping techniques, we scrutinize 1085 articles published between 2000 and 2023. Our analysis traces the evolution and trends within RPO, examining the interconnectedness among articles, authors, sources, countries, and keywords. The insights gleaned from our study can guide future research endeavors in this domain and aid practitioners in making more informed investment decisions.
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publisher Ferdowsi University of Mashhad
record_format Article
series Iranian Journal of Accounting, Auditing & Finance
spelling doaj-art-f6eee8ca532a4ba7b3ed2e9799209cc72025-08-20T02:00:14ZengFerdowsi University of MashhadIranian Journal of Accounting, Auditing & Finance2717-41312588-61422024-07-0183759210.22067/ijaaf.2024.44518.140244518Exploring the Evolution of Robust Portfolio Optimization: A Scientometric AnalysisAmirhossein Eskorouchi0Hossein Ghanbari1Emran Mohammadi2School of Industrial Engineering, Iran University of Science and Technology, Tehran, IranSchool of Industrial Engineering, Iran University of Science and Technology, Tehran, IranDepartment of Industrial and Systems Engineering, Mississippi State University, Mississippi State 39762, USAIn the wake of recent turbulent events in the global economy, the need for robust methods to navigate uncertainties in financial markets has become increasingly apparent. Robust portfolio optimization (RPO) offers a solution by devising investment strategies that perform well even under adverse scenarios of uncertain inputs such as returns and covariances. This paper conducts a systematic review of recent developments and extensions in the field of RPO. Leveraging bibliometric analysis and visual mapping techniques, we scrutinize 1085 articles published between 2000 and 2023. Our analysis traces the evolution and trends within RPO, examining the interconnectedness among articles, authors, sources, countries, and keywords. The insights gleaned from our study can guide future research endeavors in this domain and aid practitioners in making more informed investment decisions.https://ijaaf.um.ac.ir/article_44518_5863827089b1dc99d7511cef987a813f.pdfbibliometric analysisfinancial marketsrobust portfolio optimizationuncertaintyscientometric analysis
spellingShingle Amirhossein Eskorouchi
Hossein Ghanbari
Emran Mohammadi
Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
Iranian Journal of Accounting, Auditing & Finance
bibliometric analysis
financial markets
robust portfolio optimization
uncertainty
scientometric analysis
title Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
title_full Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
title_fullStr Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
title_full_unstemmed Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
title_short Exploring the Evolution of Robust Portfolio Optimization: A Scientometric Analysis
title_sort exploring the evolution of robust portfolio optimization a scientometric analysis
topic bibliometric analysis
financial markets
robust portfolio optimization
uncertainty
scientometric analysis
url https://ijaaf.um.ac.ir/article_44518_5863827089b1dc99d7511cef987a813f.pdf
work_keys_str_mv AT amirhosseineskorouchi exploringtheevolutionofrobustportfoliooptimizationascientometricanalysis
AT hosseinghanbari exploringtheevolutionofrobustportfoliooptimizationascientometricanalysis
AT emranmohammadi exploringtheevolutionofrobustportfoliooptimizationascientometricanalysis