{"type":"ScholarlyArticle","title":"A Report on FOLIO: An Expert Assistant for Portfolio Managers","authors":[{"name":"Paul R. Cohen","slug":"paul-r-cohen","given":"Paul R.","family":"Cohen","affiliation":""},{"name":"Mark D. Lieberman","slug":"mark-d-lieberman","given":"Mark D.","family":"Lieberman","affiliation":""}],"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 mee ts them . FOLIO is a test bed for a theory of heuristic reasoning ab out unc ertainty (Cohen and Grinberg , 1983), and its task has many parallels to established AI paradigms such as diagnosis in medicine and construction of a student model in ICAI domains. FOLIO uses a goal programming algorithm (Hillier and Lieberm CJ. n, 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.","doi":null,"url":"https://ijcai.org/proceedings/1983/50","pdf":"https://ijcai.org/proceedings/1983/0050.pdf","markdown":"https://ijcai.org/proceedings/1983/50.md","bibtex":"https://ijcai.org/proceedings/1983/bibtex/50","volume":{"slug":"1983","title":"Proceedings of the Eighth International Joint Conference on Artificial Intelligence","short_title":"IJCAI 1983","url":"https://ijcai.org/proceedings/1983/","year":1983,"location":"Karlsruhe, West Germany","dates":"","editors":"Alan Bundy","isbn":"","publisher":"International Joint Conferences on Artificial Intelligence","doi_prefix":""},"section":"Expert Systems","track":"Expert Systems","number":50,"pages":{"first":212,"last":213},"keywords":[],"videos":[],"references":[],"license_note":"Copyright International Joint Conferences on Artificial Intelligence."}