This paper discusses a GIS based decision support system that supports the petroleum upstream investment decision-making. Functions of prospect screening and evaluation in both technical aspects (Volume, structure, trap, reservoir and charge, etc.) and economic aspects (Net present value, Investment / profit Ratio, etc.) are designed and integrated into a GIS platform to supports and facilitate...

In this paper, an algorithm is proposed to perform investment decision in a fuzzy environment. This algorithm considers both economic and strategic factors to select the optimal investment project. By using this algorithm, the ambiguities involved in the assessment data can be effectively represented and processed to assure a more convincing and effective decision-making. Finally, the air logis...

This paper develops and tests a new multi-attribute, behavioral based measure of mutual fund performance, at the portfolio decision-making rather than trade level, using alpha score, hit rate win-loss ratio. These measures are then combined to develop multi-attribute “efficiency”; author decomposes this into technical, scale, mix efficiency scores separately for overweight underweight positions...

Investors, like any decision maker, feel regret when they compare the outcome of an investment with what the outcome would have been had they invested differently. We argue and show that this counterfactual comparison process is most likely to take place when the decision maker’s expectations are violated. Across five scenario experiments we found that decision makers were influenced only by fo...

Organizations spend substantial capital budgets on IT investment in order to achieve potential competitive advantages. However, IT investments are characterized with complexity, uncertainty, and risk. These attributes make appropriate IT investment decision making a challenging task. Decision analysis cycle methodology is a conceptual framework that facilitates achieving clarity of action in di...

many researches have depicted there is no significant and positive correlation between it and firm level performance, called productivity paradox, so as successful investment on it depends on taking into account the role of complementary assets such as business processes and organizational infrastructures. on the other hand, since there are not enough resources to invest on all these assets, th...

Two bargaining parties play the Nash Demand Game to share a pie whose size is determined by one party's investment decision. Various investment levels are subgame-perfect. Adding the investment decision to Young's evolutionary bargaining model yields the following long-run outcome: efficient investment prevails and the investor's share of the pie approximates die maximum of (i) the smallest sha...