How to invest in Belgian shares by MULTIMOORA optimization

Different multiple objectives expressed in different units make optimization difficult. Therefore, the internal mechanical solution of a Ratio System, producing dimensionless numbers, is preferred to weights, which are most of the time used to compare the different units. In addition, the ratio system creates the opportunity to use a second approach: a non-subjective Reference Point Theory. Therefore, the Reference Point Theory uses the ratios found in the ratio system as co-ordinates for the alternative solutions, which are then compared to a Maximal Objective Reference Point. The two approac... Mehr ...

Verfasser: Willem K. M. Brauers
Romualdas Ginevičius
Dokumenttyp: Artikel
Erscheinungsdatum: 2013
Reihe/Periodikum: Journal of Business Economics and Management, Vol 14, Iss 5 (2013)
Verlag/Hrsg.: Vilnius Gediminas Technical University
Schlagwörter: Ratio System / Reference Point Theory / MOORA / Full Multiplicative Form / MULTIMOORA / Ordinal Dominance / Business / HF5001-6182
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-26525177
Datenquelle: BASE; Originalkatalog
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Link(s) : https://doi.org/10.3846/16111699.2013.837244