Narrow search
Showing 1 - 2 of 2
Cover Image
Stochastic Dominance and Mean-Variance Measures of Profit and Loss for Business Planning and Investment
Wong, Wing-Keung - East Asian Bureau of Economic Research (EABER) - 2007
In this paper, we first extend the stochastic dominance (SD) theory by introducing the first three orders of both ascending SD (ASD) and descending SD (DSD) to decisions in business planning and investment to risk-averse and risk-loving decision makers so that they can compare both return and...
Persistent link: https://www.econbiz.de/10009365440
Cover Image
Application of Analytic Hierarchy Process to Prioritize Urban Transport Options - Comparative Analysis of Group Aggregation Methods
Yedla, Sudhakar; Shrestha, Ram M. - East Asian Bureau of Economic Research (EABER) - 2007
The present study presents a comparative analysis of different group aggregation methods adopted in AHP by testing them … GA method of AHP - showed poor performance and failed to satisfy the most popular pareto optimality and non …-dictatorship axiom raising questions on its validity as GA method adopted in AHP. All other group aggregation methods viz. weighted …
Persistent link: https://www.econbiz.de/10009365374