Investment decision making using fuzzy scorecards - mutual funds selection

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989592%3A15310%2F14%3A33151738" target="_blank" >RIV/61989592:15310/14:33151738 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Investment decision making using fuzzy scorecards - mutual funds selection
Original language description
The paper presents a multiple criteria decision support method for investment decision making. Investment decision support requires tools able to deal with imprecision, understandable to the decision makers and able to provide easily interpretable outputs. We therefore propose here a method utilizing fuzzy scorecards as an easy way to obtain expert evaluations of each alternative (mutual fund) against each criterion. Fuzzy OWA aggregation with fuzzy weights is then applied to obtain overall evaluationsof alternatives in the form of piecewise linear fuzzy numbers. The final evaluations are also assigned appropriate linguistic descriptions to facilitate the decision making as well as possible. It is also possible to order the alternatives based on the centres of gravity of the overall evaluations. The mathematical model has been implemented in the FuzzME software for fuzzy multiple criteria evaluation. A practical example of mutual funds selection using this software is presented. The p
Czech name
—
Czech description
—

Project
<a href="/en/project/GA14-02424S" target="_blank" >GA14-02424S: Methods of operations research for decision support under uncertainty</a><br>
Continuities
S - Specificky vyzkum na vysokych skolach

Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)