IDEAS home Printed from https://ideas.repec.org/a/inm/ormnsc/v38y1992i8p1186-1200.html
   My bibliography  Save this article

A Multiple-Objective Programming Technique for Structuring Tax-Exempt Serial Revenue Debt Issues

Author

Listed:
  • Amy v. Puelz

    (Department of Management Information Systems and Decision Sciences, Memphis State University, Memphis, Tennessee 38152)

  • Sang M. Lee

    (Department of Management, University of Nebraska, Lincoln, Nebraska 68588)

Abstract

A multiple-objective decision model to structure tax-exempt serial revenue bonds is presented in this paper. Based on goals dealing with true interest cost, marketability, debt coverage, production, and level debt, we define a goal programming model to generate a maturity schedule and coupon rate assignment for a municipal bond issue. The model is designed to be a flexible interactive decision making tool to aid in the development of a minimal-risk, cost-effective issue.

Suggested Citation

  • Amy v. Puelz & Sang M. Lee, 1992. "A Multiple-Objective Programming Technique for Structuring Tax-Exempt Serial Revenue Debt Issues," Management Science, INFORMS, vol. 38(8), pages 1186-1200, August.
    • Handle: RePEc:inm:ormnsc:v:38:y:1992:i:8:p:1186-1200
    DOI: 10.1287/mnsc.38.8.1186
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/mnsc.38.8.1186
    Download Restriction: no
    File URL: https://libkey.io/10.1287/mnsc.38.8.1186?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Robert Brooks, 2005. "A Surplus Optimization Approach to Managing Municipal Debt," Public Finance Review, , vol. 33(2), pages 236-254, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:ormnsc:v:38:y:1992:i:8:p:1186-1200. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.