Multicriteria Analysis in Finance

This book provides a concise introduction into the fundamentals and applied techniques of multiple criteria decision making in the finance sector. Based on an analysis of the nature of financial decisions and the general methods of financial mod

  • PDF / 1,771,107 Bytes
  • 111 Pages / 439.37 x 666.142 pts Page_size
  • 70 Downloads / 255 Views

DOWNLOAD

REPORT


Michael Doumpos Constantin Zopounidis

Multicriteria Analysis in Finance

SpringerBriefs in Operations Research

For further volumes: http://www.springer.com/series/11467

Michael Doumpos Constantin Zopounidis •

Multicriteria Analysis in Finance

123

Michael Doumpos School of Production Engineering and Management Technical University of Crete Chania Greece

Constantin Zopounidis School of Production Engineering and Management Technical University of Crete Chania Greece and Audencia Nantes School of Management Nantes France

ISSN 2195-0482 ISSN 2195-0504 (electronic) ISBN 978-3-319-05863-4 ISBN 978-3-319-05864-1 (eBook) DOI 10.1007/978-3-319-05864-1 Springer Cham Heidelberg New York Dordrecht London Library of Congress Control Number: 2014935977  The Author(s) 2014 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Preface

Since the 1970s, the field of finance has evolved rapidly, driven by the advances in information technology and the introduction of financial innovations involving new financial products and services. Nowadays, investors have a wide range of options suitable for different investment policies (e.g., equity, different types of funds, fixed income products, derivatives, etc.), managers of firms use a variety of products for corporate financing a