Interactive Multiple Goal Programming : Applications to Financial Planning

1. Introduction -- 1.1. Motivation -- 1.2. Scope of the Study -- 1.3. Outline of the Contents -- References -- 2. Multiple Goals in Capital Budgeting and Financial Planning -- 2.1. Introduction -- 2.2. Constraints in Capital Budgeting and Financial Planning -- 2.3. The Goal of Market Value Maximization -- 2.4. Assumptions with Respect to the Decision Maker and the Organization -- 2.5. The Firm’s Market Value as One of the Elements in a Dynamic Goal Complex -- References -- 3. A Survey of Multiple Criteria Decision Methods -- 3.1. Terminology and Basic Concepts -- 3.2. Decision Problems and Methods -- 3.3. Some Characteristics of Decision Problems -- 3.4. A General Overview of Available Methods -- 3.5. An Overview of Multiple Objective Programming Methods -- 3.6. Conclusion -- References -- 4. Goal Programming -- 4.1. General Formulation -- 4.2. The Objective Function -- 4.3. Solution Procedures -- 4.4. An Adapted Simplex Procedure -- 4.5. Concluding Remarks -- References -- 5. Interactive Multiple Objective Programming Methods -- 5.1. Features of an Interactive Approach -- 5.2. Elements of Interactive Methods -- 5.3. The Need of an Interactive Variant of Goal Programming -- 5.4. Interactive Goal Programming Methods -- 5.5. Conclusion -- References -- 6. Interactive Multiple Goal Programming -- 6.1. Definitions and Assumptions -- 6.2. Description of the Procedure -- 6.3. IMGP in Linear Terms -- 6.4. Existence, Feasibility, Uniqueness and Convergency -- 6.5. Concluding Remarks -- Appendix 6.a. Suitable Starting Solutions -- References -- 7. IMGP in Practice: Examples and Experiences -- 7.1. Two Simple Examples -- 7.2. Experiments with an Imaginary Decision Maker -- 7.3. Some Empirical Results -- 7.4. IMGP Applied to Discrete Decision Problems -- 7.5. Conclusions -- Appendix 7.a. Computer Program Used for the Experiments with an Imaginary Decision Maker -- Appendix 7.b. An Operational Computer Program for IMGP -- References -- 8. Capital Budgeting and Financial Planning with Multiple Goals -- 8.1. A Brief Survey of the Literature -- 8.2. Large Numbers of Goal Variables -- 8.3. Goal Variables Requiring Special Treatment -- 8.4. Indivisibility of Projects -- 8.5. Conclusion -- References -- 9. Using IMGP for a Financial Planning Model: An Illustration -- 9.1. Introductory Remarks -- 9.2. Description of the Model -- 9.3. Selection of a Financial Plan (Continuous Case) -- 9.4. Selection of a Financial Plan (Discrete Case) -- 9.5. Conclusion -- References -- 10. Evaluation -- 10.1. Implementation of IMGP -- 10.2. Main Advantages of IMGP -- 10.3. Some Disadvantages and Areas for Further Research -- 10.4. Concluding Remarks -- References -- Author Index.