determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation …, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of …

determine the capital allocation that minimizes the excesses of sets of portfolios in lexicographical sense. The excess of a set … allocation for which the largest excess is as small as possible. We show that this allocation rule yields a unique allocation …, and that it satisfies some desirable properties. We also show that the allocation can be determined by solving a series of …

RORAC. An insightful example shows that the implementation of classical gradient capital allocation can be suboptimal if …

's allocation of resources between multiple programs in a portfolio. Funding may be either fixed or variable depending on the extent … that the allocation of resources between existing product improvement (relatively incremental projects) and new product … allocate resources to innovation and new product development (NPD) programs. We explore how funding authority affects a manager …