A Multidimensional Framework for Financial-Economic Decisions.
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Most financial-economic decisions are made consciously, with a clear and constant drive to good, better or even optimal decisions. Nevertheless, many decisions in practice do not earn these qualifications, despite the availability of financial economic theory, decision sciences and ample resources. We plea for the development of a multidimensional framework to support financial economic decision processes. Our aim is to achieve a better integration of available theory and decision technologies. We sketch (a) what the framework should look like, (b) what elements of the framework already exist and which not, and (c) how the MCDA community can co-operate in its development.
- risk management
- corporate finance
- financial decisions
- investment decisions
- multicriteria decision analysis