Errors-in-variables (EIV) biases plague asset pricing tests. We offer a new perspective on ad-dressing the EIV issue: instead of viewing EIV biases as estimation errors that potentiallycontaminate next-stage risk premium estimates, we consider them to be return innovationsthat follow a...

Purpose – The purpose of this paper is to introduce a quantitative method for assisting contractors to select appropriate projects for bidding by considering multiple attributes and integrating decision group member opinions. Design/methodology/approach – The fuzzy technique for order...