This paper presents multiperiod, multiple objective goal programming as an alternative to the more conventional hedge ratio approaches to financial futures hedging. The described model offers the potential benefits of: (i) simultaneous achievement of multiple hedge-related objectives (i.e.,...

Despite the increasing popularity of decision support systems (DSS), effectiveness of such systems remains unproven. Past research claiming usefulness of the DSS has relied largely on anecdotal or case data. The relatively few laboratory experiments report mixed results regarding the effects of...