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We propose a way of using DEA cross-efficiency evaluation in portfolio selection. While cross efficiency is an approach developed for peer evaluation, we improve its use in portfolio selection. In addition to (average) cross-efficiency scores, we suggest to examine the variations of...
Persistent link: https://www.econbiz.de/10011052467
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This paper presents a comparison of three portfolio selection models, Mean-Variance (MV), Mean Absolute Deviation (MAD), and Minimax, as applied to the Brazilian Stock Market (BOVESPA). For this comparison, we used BOVESPA data from three different 12 month time periods: 1999 to 2000, 2001, and...
Persistent link: https://www.econbiz.de/10008491815
about strategy, operations, organization and marketing. As the world witnesses profound changes to the traditional model of …
Persistent link: https://www.econbiz.de/10011195468
Economia continua sa schimbe mentalitatile consumatorilor atunci cand trebuie sa adopte o decizie de cumparare. Cel mai important lucru pentru vanzatorii online rezulta din timpul pe care cumparatorii il aloca documentarii, perioada care este in continua crestere, fiind un rezultat al rafinarii...
Persistent link: https://www.econbiz.de/10009148967
The initial point for the strategy formulation is the complete understanding of the environment. The understanding of … these changes and the trends is crucial for the strategy creation. There are introduced results concerning the corporate … strategy and the environment. 252 answer sheets were obtained. The firms were asked about the level of the created strategy …
Persistent link: https://www.econbiz.de/10009398883
In today´s globalised hypercompetition dominated world, companies are often fighting for survival. The article tries to find a way out in the usage of military strategies represented e.g. by the well respected work of the chinese general Sun Tzu "The Art of War". The company´s goal is to...
Persistent link: https://www.econbiz.de/10009398887
strategy. This concept defines as well own classification of the resources which can create a base for individual advantages. …
Persistent link: https://www.econbiz.de/10009398917
The global economy is getting through the deepest global economic crisis. This crisis involves almost all branches and companies. There are many ways and options how the companies can face the rapidly changed situation. The important thing is that managers should recognize the changes in the...
Persistent link: https://www.econbiz.de/10009398943