math.OC · 2026-09-11 · No. 112
Optimization and Control, 2026-09-11.
1 new papers in math.OC. Titles, authors,
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01 — The papers
1 entries-
01
Sparsity Regularized and Robust Mean Variance Portfolio Selection Under Ellipsoidal Uncertainty
Deniz Akkaya, Emre Can Yayla, Buse Şen, Mustafa Ç. Pınar
math.OC · cs.LG · stat.ML
We investigate mean-variance portfolio selection with an $\ell_0$-penalty to promote sparsity in asset allocations. Uncertainty in the mean return vector is incorporated through an ellipsoidal uncertainty set, yielding a robust sparse optimization framework. We characterize the structure of both local and global minimizers and exploit these properties in the risk minimization and return maximization formulations. Building on this structural...
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