A Report on FOLIO: An Expert Assistant for Portfolio Managers
Abstract
FOLIO is an expert system to assist portfolio managers. It interviews a client and, on the basis of expert knowledge, determines the client's investment goals and the portfolio that best meets them. FOLIO is a test bed for a theory of heuristic reasoning about uncertainty (Cohen and Grinberg, 1983), and its task has many parallels to established Al paradigms such as diagnosis in medicine and construction of a student model in ICAI domains. FOLIO uses a goal programming algorithm (Hillier and Lieberman, 1980) as a relaxation method for resolving the client's multiple goals into a portfolio that fits them optimally. This paper discusses the motivations for building FOLIO; its task, design, and operation; and examples of its recommendations.
Cite
Text
Cohen and Lieberman. "A Report on FOLIO: An Expert Assistant for Portfolio Managers." International Joint Conference on Artificial Intelligence, 1983.Markdown
[Cohen and Lieberman. "A Report on FOLIO: An Expert Assistant for Portfolio Managers." International Joint Conference on Artificial Intelligence, 1983.](https://mlanthology.org/ijcai/1983/cohen1983ijcai-report/)BibTeX
@inproceedings{cohen1983ijcai-report,
title = {{A Report on FOLIO: An Expert Assistant for Portfolio Managers}},
author = {Cohen, Paul R. and Lieberman, Mark D.},
booktitle = {International Joint Conference on Artificial Intelligence},
year = {1983},
pages = {212-214},
url = {https://mlanthology.org/ijcai/1983/cohen1983ijcai-report/}
}