A decision-support model for investment decisions in new ventures

被引:12
|
作者
Jain, BA [1 ]
Nag, BN [1 ]
机构
[1] TOWSON STATE UNIV,SCH BUSINESS & ECON,DEPT MANAGEMENT,BALTIMORE,MD 21204
关键词
Analytic Hierarchy Process; new ventures; decision support system; qualitative variables;
D O I
10.1016/0377-2217(95)00154-9
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The decision to invest in new ventures is characterized by incomplete information, where some measures of firm performance are quantitative, while some others are substituted by qualitative indicators. Qualitative attributes are defined in a relative sense. We develop a decision support model for identifying successful new ventures. The model integrates quantitative and qualitative variables through the use of the Analytic Hierarchy Process (AHP). The decision model gains in predictive accuracy through the use of qualitative attributes, and AHP imparts robustness to the qualitative measures.
引用
收藏
页码:473 / 486
页数:14
相关论文
共 50 条
  • [41] DECISION-SUPPORT SYSTEMS IN HEMATOLOGY
    SULTAN, C
    PRIOLET, G
    IMBERT, M
    DADI, W
    TAGEMOUATI, A
    [J]. ANNALES DE BIOLOGIE CLINIQUE, 1988, 46 (07) : 506 - 506
  • [42] Quantitative Bid or No-Bid Decision-Support Model for Contractors
    Chisala, Maxwell L.
    [J]. JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT, 2017, 143 (12)
  • [43] Model-Based Diagnostic Decision-Support System for Satellites
    Feldman, Alexander
    de Castro, Helena Vicente
    van Gemund, Arjan
    Provan, Gregory
    [J]. 2013 IEEE AEROSPACE CONFERENCE, 2013,
  • [44] TOWARDS A STANDARD QUERY MODEL FOR SHARING DECISION-SUPPORT APPLICATIONS
    SUJANSKY, W
    ALTMAN, R
    [J]. JOURNAL OF THE AMERICAN MEDICAL INFORMATICS ASSOCIATION, 1994, : 325 - 331
  • [45] A Decision-support Model for Information Systems Based on Situational Awareness
    Hu He
    Wang Xiaojing
    Yang Xin
    [J]. MINES 2009: FIRST INTERNATIONAL CONFERENCE ON MULTIMEDIA INFORMATION NETWORKING AND SECURITY, VOL 2, PROCEEDINGS, 2009, : 405 - +
  • [46] IRIER: A Decision-Support Model for Optimal Energy Retrofit Investments
    Hosseinian, Seyedmohammadhossein
    Choi, Kunhee
    Bae, Junseo
    [J]. JOURNAL OF CONSTRUCTION ENGINEERING AND MANAGEMENT, 2017, 143 (09)
  • [47] Comparison of an oncology clinical decision-support system's recommendations with actual treatment decisions
    Suwanvecho, Suthida
    Suwanrusme, Harit
    Jirakulaporn, Tanawat
    Issarachai, Surasit
    Taechakraichana, Nimit
    Lungchukiet, Palita
    Decha, Wimolrat
    Boonpakdee, Wisanu
    Thanakarn, Nittaya
    Wongrattananon, Pattanawadee
    Preininger, Anita M.
    Solomon, Metasebya
    Wang, Suwei
    Hekmat, Rezzan
    Dankwa-Mullan, Irene
    Shortliffe, Edward
    Patel, Vimla L.
    Arriaga, Yull
    Jackson, Gretchen Purcell
    Kiatikajornthada, Narongsak
    [J]. JOURNAL OF THE AMERICAN MEDICAL INFORMATICS ASSOCIATION, 2021, 28 (04) : 832 - 838
  • [48] A hybrid decision-support model for self-managed career
    Yildiz, Didem
    Beskese, Ahmet
    Bozbura, Tunc Faik
    [J]. KYBERNETES, 2015, 44 (04) : 555 - 575
  • [49] A decision-support model for evaluating changes in biopharmaceutical manufacturing processes
    S. Chhatre
    R. Francis
    K. O’Donovan
    N. J. Titchener-Hooker
    A. R. Newcombe
    E. Keshavarz-Moore
    [J]. Bioprocess and Biosystems Engineering, 2007, 30 : 1 - 11
  • [50] A decision-support model for evaluating changes in biopharmaceutical manufacturing processes
    Chhatre, S.
    Francis, R.
    O'Donovan, K.
    Titchener-Hooker, N. J.
    Newcombe, A. R.
    Keshavarz-Moore, E.
    [J]. BIOPROCESS AND BIOSYSTEMS ENGINEERING, 2007, 30 (01) : 1 - 11