... point estimates that create a false sense of precision, leading to suboptimal investment decisions. The authors’ integrate AI-powered uncertainty quantification into managerial decision models based on real options theory and portfolio optimization, demonstrating how machine learning ( ML ) enhances...

...Dhanya Jothimani; Ravi Shankar; Surendra S. Yadav Purpose Portfolio optimization is the process of making an investment decision on a set of assets to realize high returns with low risk. It has three major stages: asset selection, asset weighting and asset management. Asset selection...