From stochastic dominance to mean-risk models: Semideviations as risk measures

Portfolio Selection

Harry M. Markowitz · The Journal of Finance · 1952 · 4.5K citations

Increasing risk: I. A definition

Michael Rothschild, Joseph E. Stiglitz · Journal of Economic Theory · 1970 · 3.9K citations

Business, Risk Management, Risk Analysis +8

Mean-Absolute Deviation Portfolio Optimization Model and Its Applications to Tokyo Stock Market

Hiroshi Konno, Hiroaki Yamazaki · Management Science · 1991 · 1.5K citations

Business, Economics, Finance +15

The Efficiency Analysis of Choices Involving Risk

Giora Hanoch, Haim Levy · The Review of Economic Studies · 1969 · 1.4K citations

Business, Business Economics, Economics +17

Mean-Risk Analysis with Risk Associated with Below-Target Returns

Peter C. Fishburn · American Economic Review · 1975 · 1.2K citations

Management, Finance, Financial Management +16