A multiple criteria methodology for priority based portfolio selection

Multiple criteria linear programming model for portfolio selection

The portfolio selection problem is usually considered as a bicriteria optimization problem where a reasonable trade-off between expected rate of return and risk is sought. In the classical Markowitz model the risk is measured with variance, thus generating a quadratic programming model. The Markowitz model is frequently criticized as not consistent with axiomatic models of preferences for choic...

Portfolio Selection in the Presence of Multiple Criteria

DSS software selection: A multiple criteria decision methodology

This paper illustrates an evaluation methodology for DSS software selection. The methodology incorporates three stages: 1) DSS software screening; 2) generator evaluation; and, 3) specific DSS design. Initially, developing a short list through screening of DSS software determines whether an appropriate package exists and narrows the field of available generator products for detailed considerati...

A Conceptual Methodology for Transportation Projects Selection

  Selection of appropriate infrastructure transportation projects such as highways, plays an important role in promotion of transportation systems. Usually in evaluation of transportation projects, because of lack of information or due to long time and high expenditures needed for gathering information, different effective factors are ignored. Thus, in this research, regarding multi criteria na...

Genetic algorithm-based multi-criteria project portfolio selection

Project portfolio selection is one of the most important decision-making problems for most organizations in project management and engineering management. Usually project portfolio decisions are very complicated when project interactions in terms of multiple selection criteria and preference information of decision makers (DMs) in terms of the criteria importance are taken into consideration si...