A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis

The uncertain problem of Industrial project selection is the topic of discussion in this article. As the unrealistic assumption of certainty is relaxed in this problem, the decision maker is faced with a two-criterion decision model in which justifying between Risk and Return are the main concerns....

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Main Authors: Jafarizadeh, Babak, Ramazani, Reza
Format: Conference or Workshop Item
Language:English
Published: 2007
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/2393/1/Babak_Jafarizadeh.pdf
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author Jafarizadeh, Babak
Ramazani, Reza
author_facet Jafarizadeh, Babak
Ramazani, Reza
author_sort Jafarizadeh, Babak
collection UUM
description The uncertain problem of Industrial project selection is the topic of discussion in this article. As the unrealistic assumption of certainty is relaxed in this problem, the decision maker is faced with a two-criterion decision model in which justifying between Risk and Return are the main concerns. The concept of Risk has been revised and the “Semi-Deviation” measure has been proposed to represent the risk of a project. Based on the new Mean-Semi-deviation Behavior, and according to Utility and Modern Portfolio theories, a more efficient method of project evaluation will be presented.
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spelling uum-23932011-02-21T08:12:53Z https://repo.uum.edu.my/id/eprint/2393/ A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis Jafarizadeh, Babak Ramazani, Reza HB Economic Theory The uncertain problem of Industrial project selection is the topic of discussion in this article. As the unrealistic assumption of certainty is relaxed in this problem, the decision maker is faced with a two-criterion decision model in which justifying between Risk and Return are the main concerns. The concept of Risk has been revised and the “Semi-Deviation” measure has been proposed to represent the risk of a project. Based on the new Mean-Semi-deviation Behavior, and according to Utility and Modern Portfolio theories, a more efficient method of project evaluation will be presented. 2007 Conference or Workshop Item NonPeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/2393/1/Babak_Jafarizadeh.pdf Jafarizadeh, Babak and Ramazani, Reza (2007) A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished)
spellingShingle HB Economic Theory
Jafarizadeh, Babak
Ramazani, Reza
A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title_full A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title_fullStr A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title_full_unstemmed A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title_short A systematic method of project selection based on risk and return criteria and according to the mean-semi-deviation behavioral hypothesis
title_sort systematic method of project selection based on risk and return criteria and according to the mean semi deviation behavioral hypothesis
topic HB Economic Theory
url https://repo.uum.edu.my/id/eprint/2393/1/Babak_Jafarizadeh.pdf
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