Fig. 7From: Dynamic portfolio choice with uncertain rare-events risk in stock and cryptocurrency marketsOptimal portfolio choice in Bitcoin market as a function of ambiguity aversion parameters \(\theta _{S}\), \(\theta _{V}\) and \(\theta _{N}\). Panel (a), (b) and (c) set \(\theta _{S}\), \(\theta _{N}\) and \(\theta _{V}\) as 0, respectively. By contrast, Panel (d), (e) and (f) set \(\theta _{S}\), \(\theta _{N}\) and \(\theta _{V}\) as 3, respectivelyBack to article page