THE CURRENT PAPER BY YACINE AIT-SAHALIA and Michael W. Brandt ~henceforth AB! addresses two issues that are of central concern in portfolio choice: How can portfolio advice be made realistic while remaining tractable? How can

In this paper, a maximum likelihood estimation and a minimum entropy estimation for the expected value and variance of normal fuzzy variable are discussed within the framework of credibility theory. As an application, a credibilistic portfolio selection model is proposed, which is an improvement over the traditional models as it only needs the predicted values on the security returns instead of...

This paper applies a new multi attribute decision-making (MADM) model to help companies for enterprise resource planning (ERP) selection problem based on Balanced Score Card method. This paper uses three-parameter interval grey numbers which is derived from Grey theory (was proposed by J. Deng). This numbers is used instead of linguistic variables. Beside, a new weighting method that outcomes f...

This study recommends a GIS-based (Geographic Information Systems) and multi-criteria evaluation for site selection of gas power plant in Natanz City of Iran. The multi-criteria decision framework integrates legal requirements and physical constraints related to environmental and economic concerns. It also builds a hierarchy model for gas power plant suitability. The methodologies used for site...