2022
DOI: 10.31181/dmame0305102022o
|View full text |Cite
|
Sign up to set email alerts
|

Allocation with multi criteria decision making techniques

Abstract: Determining the weights of assets in a portfolio is one of the fundamental problems of finance. MCDM techniques are employed for asset allocation purposes. However, criterion weights have to be determined before the steps of the techniques are implemented. In this study, the weights of the criteria are determined by four different MCDM weight techniques (CILOS, CRITIC, MEREC, and SECA), and the effect of these weights on the performance of portfolios created with 17 MCDM techniques (ARAS,

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
7
0

Year Published

2023
2023
2024
2024

Publication Types

Select...
7

Relationship

0
7

Authors

Journals

citations
Cited by 10 publications
(7 citation statements)
references
References 28 publications
(45 reference statements)
0
7
0
Order By: Relevance
“…Decision-making self-efcacy has a strong correlation with lifelong learning. Klug, et al agreed with the conclusion [76][77][78].…”
Section: Resultsmentioning
confidence: 66%
“…Decision-making self-efcacy has a strong correlation with lifelong learning. Klug, et al agreed with the conclusion [76][77][78].…”
Section: Resultsmentioning
confidence: 66%
“…An essential subfield of MADM research, MAGDM entails a group of DMs evaluating alternatives based on multiple competing attributes for ranking all the alternatives or choosing the most suitable one. Recent articles on MAGDM have emphasized methodological techniques for ambiguous situations in general (Ozcalici, 2022 ; Ashouri et al, 2023 ; Colombo et al, 2023 ; Kiptum et al, 2023 ; Lazarashouri and Najafi, 2024 ). Due to the severity of MAGDM challenges, it is difficult for DMs to collect all possible alternative information.…”
Section: Methodsmentioning
confidence: 99%
“…There are also studies in which the methods are not used together and are applied in different areas. CILOS method has also applied in portfolio optimization (business economics) [34] and sustainable evaluation of aerosol pollution decrease (environmental studies) [35]. IDOCRIW method has been used in product ranking based on online customer reviews (business economics) [36] and environmental studies, such as assessment of different cladding materials for growing bell pepper [37], construction and demolition waste management [38], planning the future energy systems [39], and environmental impact evaluation to minimize dam negative impacts [40].…”
Section: Application Areasmentioning
confidence: 99%
“…MEREC has found diverse applications across fields, encompassing business economics and environmental studies; however, its principal employment has been within the domain of engineering. Applications in the field of business economics are as follows: the financial performance of the hospitality and tourism industries [121], efficiency and productivity of commercial banks [122], evaluation of economic freedom levels of OPEC countries [123], assessment of distribution center locations [124] sustainable smart manufacturing systems for industry 4.0 in small, medium, and micro enterprises [125], portfolio optimization [34], and supplier selection [126]. The following are the applications in the area of environmental studies: mitigating climate change effects of urban transportation [127], identifying the optimal renewable energy power plant location [128], selecting a green renewable energy source [129], selecting offshore wind turbine [130], offshore wind farm site selection [131], circular economy paradigm in European Union countries (environmental economics) [132], and efficiency evaluation of the mineral deposit [133].…”
Section: Application Areasmentioning
confidence: 99%
See 1 more Smart Citation