Portfolio selection problem is a major subject in finance where investors deal with selecting satisfying portfolio which is composed of a vast number of risky assets, under some restricting criteria that are defined by themselves. Asset prices can be effected from different events, such as...

Purpose – This paper aims to propose an integration of the analytic hierarchy process (AHP) and data envelopment analysis (DEA) methods in a multiattribute grey relational analysis (GRA) methodology in which the attribute weights are completely unknown and the attribute values take the form of...

The large size and complexity of Information Technology systems in systematically important banks raise the need for creating an IT governance architecture that could make IT strategy aligned with business strategy and delivers value while it effectively identifies and manages IT risk. This...

Market features can be considered as forerunners of the European Commission's actions aimed at recognizing collusive behaviours. To identify information that might support the Commission in the exercise of its role of antitrust authority we propose a multi criteria approach. Its focus is on the...

Governments must decide how to allocate limited resources for infrastructure development, particularly since financing gaps have been projected for the coming decades. Social cost-benefit analysis provides sound project appraisal and, when systematically applied, a basis for prioritization. In...

Policy makers are often confronted with a myriad of factors in the investment decision-making process. This issue is particularly acute in infrastructure investment decisions, as these often involve significant financial resources and lock-in technologies. In regions and countries where the...

An 2nd layer TWMCCR based practice-metrics hierarchical appraisement model is proposed. The proposed model dealt with identified six practices and twenty seven interrelated metrics for measuring the performance of stuff provider's organizations s under lean practice-metrics. The lean strategy...

In this paper we propose a multi-objective decision framework for lifecycle investment choice. Instead of optimizing individual strategies with respect to a single-valued objective, we suggest evaluation of classes of strategies in terms of the quality of the tradeoffs that they provide. The...

The purpose of this paper is to analyze and evaluate the level of eco-innovations in the European Union countries. For this purpose, a new method of multi-criteria analysis were used, i.e. PROTERRA method, which was developed by the authors of this article. Analysis concerns a data from the year...

Supply chain performance improvement initiatives strive to match supply and demand, thereby driving down costs simultaneously with improving customer satisfaction. However such initiatives require uncertainty within the supply chain to be reduced as much as feasible so as to facilitate a more...