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Dynamic project selection and funding under risk: A decision tree based MILP approach

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  • Heidenberger, Kurt

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  • Heidenberger, Kurt, 1996. "Dynamic project selection and funding under risk: A decision tree based MILP approach," European Journal of Operational Research, Elsevier, vol. 95(2), pages 284-298, December.
    • Handle: RePEc:eee:ejores:v:95:y:1996:i:2:p:284-298
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    1. K. M. Mjelde, 1983. "Resource Allocation with Tree Constraints," Operations Research, INFORMS, vol. 31(5), pages 881-890, October.
    2. Wallace J. Hopp, 1987. "A Sequential Model of R&D Investment Over an Unbounded Time Horizon," Management Science, INFORMS, vol. 33(4), pages 500-508, April.
    3. Richard F. Hespos & Paul A. Strassmann, 1965. "Stochastic Decision Trees for the Analysis of Investment Decisions," Management Science, INFORMS, vol. 11(10), pages 244-259, August.
    4. Albert L. Nichols & Milton C. Weinstein, 1978. "Optimal Resource Allocation in Community Hypertension Programs," Management Science, INFORMS, vol. 24(14), pages 1526-1537, October.
    5. Carole Aldrich & Thomas E. Morton, 1975. "Optimal Funding Paths for a Class of Risky R&D Projects," Management Science, INFORMS, vol. 21(5), pages 491-500, January.
    6. Joel Cord, 1964. "A Method for Allocating Funds to Investment Projects when Returns are Subject to Uncertainty," Management Science, INFORMS, vol. 10(2), pages 335-341, January.
    7. Roken Ahmed, 1978. "Note--On Optimal Resource Allocation in Community Hypertension Programs," Management Science, INFORMS, vol. 24(16), pages 1749-1752, December.
    8. Gregory P. Prastacos, 1983. "Optimal Sequential Investment Decisions Under Conditions of Uncertainty," Management Science, INFORMS, vol. 29(1), pages 118-134, January.
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    Cited by:

    1. Basso, Antonella & Peccati, Lorenzo A., 2001. "Optimal resource allocation with minimum activation levels and fixed costs," European Journal of Operational Research, Elsevier, vol. 131(3), pages 536-549, June.
    2. Sorel, Luc & Viaud, Valérie & Durand, Patrick & Walter, Christian, 2010. "Modeling spatio-temporal crop allocation patterns by a stochastic decision tree method, considering agronomic driving factors," Agricultural Systems, Elsevier, vol. 103(9), pages 647-655, November.
    3. Feng Yang & Shiling Song & Wei Huang & Qiong Xia, 2015. "SMAA-PO: project portfolio optimization problems based on stochastic multicriteria acceptability analysis," Annals of Operations Research, Springer, vol. 233(1), pages 535-547, October.
    4. Janne Gustafsson & Ahti Salo, 2005. "Contingent Portfolio Programming for the Management of Risky Projects," Operations Research, INFORMS, vol. 53(6), pages 946-956, December.
    5. Chen, Jiaqiong & Askin, Ronald G., 2009. "Project selection, scheduling and resource allocation with time dependent returns," European Journal of Operational Research, Elsevier, vol. 193(1), pages 23-34, February.
    6. Fernández Carazo, Ana & Gómez Núñez, Trinidad & Guerrero Casas, Flor M. & Caballero Fernández, Rafael, 2008. "Evaluación y clasificación de las técnicas utilizadas por las organizaciones, en las últimas décadas, para seleccionar proyectos = Evaluation and classification of the techniques used by organizations," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 5(1), pages 67-115, June.
    7. Hassanzadeh, Farhad & Modarres, Mohammad & Nemati, Hamid R. & Amoako-Gyampah, Kwasi, 2014. "A robust R&D project portfolio optimization model for pharmaceutical contract research organizations," International Journal of Production Economics, Elsevier, vol. 158(C), pages 18-27.
    8. Shamir, Noam & Zvilichovsky, David, 2022. "Dynamic reputation, project selection and market efficiency: The importance of small projects," International Journal of Production Economics, Elsevier, vol. 248(C).
    9. Dalton Garcia Borges de Souza & Erivelton Antonio dos Santos & Nei Yoshihiro Soma & Carlos Eduardo Sanches da Silva, 2021. "MCDM-Based R&D Project Selection: A Systematic Literature Review," Sustainability, MDPI, vol. 13(21), pages 1-34, October.
    10. Boguslaw Nowak & Maciej Nowak & Tadeusz Trzaskalik, 2011. "Multicriteria decision aiding in project planning using dynamic programming and simulation," RePAd Working Paper Series UQO-DSA-wp2202011, Département des sciences administratives, UQO.
    11. Lasry, Arielle & Zaric, Gregory S. & Carter, Michael W., 2007. "Multi-level resource allocation for HIV prevention: A model for developing countries," European Journal of Operational Research, Elsevier, vol. 180(2), pages 786-799, July.

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