Possible Modifications of the Multiple Criteria Assignment Method Cover Image

Possible Modifications of the Multiple Criteria Assignment Method
Possible Modifications of the Multiple Criteria Assignment Method

Author(s): Adam Borovička
Subject(s): Economy
Published by: Univerzita Karlova v Praze - Institut ekonomických studií
Keywords: Assignment method; difference; shares fund

Summary/Abstract: The paper introduces the multiple criteria decision making method using one of basic problems of linear programming as its computational principle; thus, the algorithm is based on the assignment problem enabling the assignment of alternatives and rank. The known basic algorithm of the assignment method is described and some modifications are proposed that take into account differences among criterial values or some stochastic elements. Finally, the article offers some practical application in investment decision making process in the field of capital market with shares funds.

  • Issue Year: 7/2013
  • Issue No: 01
  • Page Range: 55-67
  • Page Count: 13
  • Language: English