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Possible Modifications of the Multiple Criteria Assignment Method

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  • Adam Borovička

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    (University of Economics in Prague, Faculty of Informatics and Statistics, Department of Econometrics, Prague, Czech Republic)

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    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.

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    File URL: http://auco.cuni.cz/mag/article/download/id/143/type/attachment
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    Bibliographic Info

    Article provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its journal Czech Economic Review.

    Volume (Year): 7 (2013)
    Issue (Month): 1 (March)
    Pages: 055-067

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    Handle: RePEc:fau:aucocz:au2013_055

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    Related research

    Keywords: Assignment method; difference; shares fund;

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