@article{72d107baf9ce438aa4b3c39e8240ae07,
title = "Bayesian Networks: A Decision Tool to Improve Portfolio Risk Analysis",
author = "Riza Demirer and Mau, {Ronald R.} and Catherine Shenoy",
note = "This paper demonstrates how Bayesian networks, a graphical modeling tool, can improve analysts' forecasts, portfolio decision-making, and risk analysis. Bayesian networks combine historical quantitative information with qualitative information in a systematic way. Findings in behavioral finance show buying and selling investment behavior that indicates biased decision-making, but most behavioral finance literature is descriptive, not normative.",
year = "2006",
month = oct,
day = "1",
language = "American English",
volume = "16",
journal = "Journal of Applied Finance",
}