Article ID: | iaor200973341 |
Volume: | 6 |
Issue: | 4 |
Start Page Number: | 256 |
End Page Number: | 262 |
Publication Date: | Dec 2009 |
Journal: | Decision Analysis |
Authors: | Clemen Robert T, Smith James E |
Keywords: | portfolio optimization |
In multiattribute portfolio optimization, a decision maker must evaluate a number of projects on multiple dimensions and then select the set of projects that optimizes the portfolio's overall value. In this note, we discuss the importance of establishing an appropriate baseline score for