Template-Type: ReDIF-Paper 1.0
Author-Name: Hallerbach, W.G.P.M.
Author-Name-Last: Hallerbach
Author-Name-First: Winfried
Author-Person: pha50
Author-Name: Spronk, J.
Author-Name-Last: Spronk
Author-Name-First: Jaap
Author-Person: psp8
Title: A Multidimensional Framework for Financial-Economic Decisions
Abstract: 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.
Creation-Date: 2003-04-29
File-URL: https://repub.eur.nl/pub/321/ERS-2003-021-F&A.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2003-021-F&A
Classification-JEL: C44, G3, G30, M, M41
Keywords: decision analysis, decision making, finance, financial decisions, multiple criteria
Handle: RePEc:ems:eureri:321