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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Format: | Conference or Workshop Item |
Language: | English |
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2007
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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. |
first_indexed | 2024-07-04T05:18:53Z |
format | Conference or Workshop Item |
id | uum-2393 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T05:18:53Z |
publishDate | 2007 |
record_format | eprints |
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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