Article ID: | iaor1995602 |
Country: | Czech Republic |
Volume: | 2 |
Issue: | 3 |
Start Page Number: | 213 |
End Page Number: | 221 |
Publication Date: | Jul 1993 |
Journal: | Central European Journal of Operations Research |
Authors: | Manas Miroslav |
Keywords: | decision theory: multiple criteria |
In the newly established financial markets there are no time series at our disposal that could be used for classical portfolio optimization. Nevertheless, in connection with voucher privatization materialized in some Central-European countries large-scale decision making in the field of portfolio selection is performed, requiring some decision support. In this paper a procedure based on MCDM is proposed for providing a quantitative assessment of shares traded in a market without a history.