This paper extends the socially responsible multiobjective problem to (i) estimating optimal portfolios via reward/risk maximization, (ii) including dependence structure between asset returns using vine copulas, and (iii) incorporating enhanced indexation utilizing cumulative zero-order...

This paper discusses a sustainability exercise for use in a management science course. Specifically, we discuss an exercise using goal programming and Excel Solver for making supplier selection decisions incorporating a triple bottom line approach (economic, environmental and social performance...

We present a framework for multi-objective optimization where the classical mean-variance portfolio model is extended to integrate the environmental, social and governance (ESG) criteria on the same playing field as risk and return and, at the same time, to reflect the investors' preferences in...