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| Tekijä: | Kwak, W. |
| Otsikko: | Capital budgeting with multiple criteria and multiple decision makers |
| Lehti: | Review of Quantitative Finance and Accounting
1996 : VOL. 7:1, p. 97-112 |
| Asiasana: | CAPITAL BUDGETING MULTIPLE CRITERIA DECISION MAKING FINANCE |
| Kieli: | eng |
| Tiivistelmä: | In this article, the authors propose a model that incorporates the preferences of multiple decision makers into a decision-making process using (1) the analytical hierarchy process (AHP); and (2) multiple criteria and multiple constraint levels (MC2) linear programming in a capital budgeting context. The model can foster strategic and nonfinancial factors that are important in the capital budgeting problems of the current business environment. The two-phased solution is sufficiently flexible. |
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