Using attribute trade‐off information in investment

The paper describes use of trade‐off information to create effective stock portfolio characterized by desired values of selected stock attributes. Basic notions behind such portfolio creation processes are discussed and related to the multiattribute analysis performed by evaluating compensations among the attributes’ values. A framework to construct a portfolio using only compensatory information is presented and applied to the analysis of the stocks traded on the Toronto Stock Exchange. Copyright © 1999 John Wiley & Sons, Ltd.     

On Variant Selection Mechanisms in Interactive MCDA – Engineering versus Reverse Engineering

In the paper, we focus on the engineering and the reverse engineering paradigms in the context of multiple criteria decision analysis. We argue and demonstrate that if variant selection mechanisms are reverse engineered, they are simple and intuitive to understand, making multiple criteria decision analysis marketable to operational research practitioners. We present a reverse engineering scheme for variant selection mechanisms, and we illustrate its working with instructive examples. We also present some experience with that scheme gathered when teaching a multiple criteria decision analysis course to students. Copyright © 2015 John Wiley & Sons, Ltd.