Possible Modifications of the Multiple Criteria Assignment Method
Possible Modifications of the Multiple Criteria Assignment Method
Author(s): Adam BorovičkaSubject(s): Economy
Published by: Univerzita Karlova v Praze - Institut ekonomických studií
Keywords: Assignment method; difference; shares fund
Summary/Abstract: The paper introduces the multiple criteria decision making method using one of basic problems of linear programming as its computational principle; thus, the algorithm is based on the assignment problem enabling the assignment of alternatives and rank. The known basic algorithm of the assignment method is described and some modifications are proposed that take into account differences among criterial values or some stochastic elements. Finally, the article offers some practical application in investment decision making process in the field of capital market with shares funds.
Journal: Czech Economic Review
- Issue Year: 7/2013
- Issue No: 01
- Page Range: 55-67
- Page Count: 13
- Language: English