Computing Efficient Financial Strategies: An Extended Compromise Programming Approach

Martin Valmayor, Miguel Angel and Cuadrado Ebrero, Maria Luisa and Romero Lopez, Carlos (2011). Computing Efficient Financial Strategies: An Extended Compromise Programming Approach. "Applied Mathematics and Computation", v. 217 (n. 19); pp. 7831-7837. ISSN 0096-3003. https://doi.org/10.1016/j.amc.2011.02.106.

Description

Title: Computing Efficient Financial Strategies: An Extended Compromise Programming Approach
Author/s:
  • Martin Valmayor, Miguel Angel
  • Cuadrado Ebrero, Maria Luisa
  • Romero Lopez, Carlos
Item Type: Article
Título de Revista/Publicación: Applied Mathematics and Computation
Date: June 2011
ISSN: 0096-3003
Volume: 217
Subjects:
Freetext Keywords: Compromise programming; Multiple criteria decision making; Economic optimization; Finance
Faculty: E.T.S.I. Telecomunicación (UPM)
Department: Matemática Aplicada a las Tecnologías de la Información [hasta 2014]
Creative Commons Licenses: Recognition - No derivative works - Non commercial

Full text

[img]
Preview
PDF - Requires a PDF viewer, such as GSview, Xpdf or Adobe Acrobat Reader
Download (227kB) | Preview

Abstract

This paper proposes a mathematical model to plan the financial strategy of a large company. The model links the philosophy of new behavioural economics with the multiple criteria decision making paradigm. Within this theoretical approach, the proposed model is supported by more realistic behavioral hypotheses. After formulating the initial multi-objective programming model, it has, due to its underlying computational difficulties, to be transformed into an easily computable extended compromise programming model. The functional and empirical potential of the model is illustrated with the help of a case study concerning a “stock market quoted” Spanish company operating in the energy sector. This paper shows how such an approach can open up new prospects for research linking economic problems with applied mathematics

More information

Item ID: 8792
DC Identifier: http://oa.upm.es/8792/
OAI Identifier: oai:oa.upm.es:8792
DOI: 10.1016/j.amc.2011.02.106
Official URL: http://www.sciencedirect.com/science/journal/00963003
Deposited by: Memoria Investigacion
Deposited on: 26 Sep 2011 10:43
Last Modified: 20 Apr 2016 17:27
  • Logo InvestigaM (UPM)
  • Logo GEOUP4
  • Logo Open Access
  • Open Access
  • Logo Sherpa/Romeo
    Check whether the anglo-saxon journal in which you have published an article allows you to also publish it under open access.
  • Logo Dulcinea
    Check whether the spanish journal in which you have published an article allows you to also publish it under open access.
  • Logo de Recolecta
  • Logo del Observatorio I+D+i UPM
  • Logo de OpenCourseWare UPM