Article ID: | iaor20101902 |
Volume: | 30 |
Issue: | 6 |
Start Page Number: | 1081 |
End Page Number: | 1098 |
Publication Date: | Nov 2009 |
Journal: | Journal of Information & Optimization Sciences |
Authors: | Wu Cheng-Ru, Chang Hsin-Yuan, Wu Li-Syuan |
Keywords: | investment, analytic hierarchy process, energy |
With raw materials increases, various types of energy funds, such as natural resources and public utilities in Taiwan fund management industry, or even financial circles, has clearly become a hot fund product. However, raw material price fluctuations of Taiwan, but the risks of high, if investors do not have the energy to any concept will be exposed in a high-risk investment environment. But only for the assessment of compensation for performance analysis, there is no in-depth study of the impact of fund performance major causes. Thus, this study general consensus among experts can be reached to establish a hierarchical structure. The proposed model incorporates the AHP to determine the evaluation weights,and TOPSIS selects the optimal energy fund to determine the effectiveness of the proposed evaluation model. Investment targets obtained based on assessment is also presented for thereference of investors and academic institutions.