A cardinality constrained stochastic goal programming model with satisfaction functions for venture capital investment decision making

被引：43
|
作者：
Aouni, Belaid [1 ]
Colapinto, Cinzia [2 ]
La Torre, Davide [3 ]
机构：
[1] Laurentian Univ, Decis Aid Res Grp, Sch Commerce & Adm, Fac Management, Sudbury, ON P3E 2C6, Canada
[2] Ca Foscari Univ Venice, Dept Management, I-30121 Venice, Italy
[3] Univ Milan, Dept Econ Management & Quantitat Methods, I-20122 Milan, Italy
来源：
ANNALS OF OPERATIONS RESEARCH | 2013年 / 205卷 / 01期
关键词：
Venture capital; Financial portfolio selection; Financial decision-maker's preferences; Goal programming; Satisfaction functions; Cardinality constrained optimization; MAKERS PREFERENCES;
D O I：
10.1007/s10479-012-1168-4
中图分类号：
C93 [管理学]; O22 [运筹学];
学科分类号：
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要：
Venture capital has proven to be an essential resource for economic growth, especially in some technological clusters. The focus is on the way the venture capitalist makes the investment decision and the portfolio selection. The aim of this paper is to formulate the venture capital investment problem through the Goal Programming model where the Financial Decision-Maker's preferences will be explicitly incorporated through the concept of satisfaction functions. The proposed model will be illustrated by using data from an Italian venture capital fund.
引用
收藏
页码：77 / 88
页数：12
相关论文
共 50 条
  • [1] A cardinality constrained stochastic goal programming model with satisfaction functions for venture capital investment decision making
    Belaïd Aouni
    Cinzia Colapinto
    Davide La Torre
    Annals of Operations Research, 2013, 205 : 77 - 88
  • [2] A Fuzzy Goal Programming Model for Venture Capital Investment Decision Making
    Aouni, Belaid
    Colapinto, Cinzia
    La Torre, Davide
    INFOR, 2014, 52 (03) : 138 - 146
  • [3] TOWARD A MODEL OF VENTURE CAPITAL-INVESTMENT DECISION-MAKING
    FRIED, VH
    HISRICH, RD
    FINANCIAL MANAGEMENT, 1994, 23 (03) : 28 - 37
  • [4] A Study on Syndicated Investment Decision-making Model of Venture Capital
    Cai Weihong
    Yang Qing
    PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON INNOVATION & MANAGEMENT, VOLS I AND II, 2008, : 787 - 790
  • [5] Multiple Criteria Decision Making and Goal Programming for Optimal Venture Capital Investments and Portfolio Management
    Colapinto, Cinzia
    La Torre, Davide
    MULTIPLE CRITERIA DECISION MAKING IN FINANCE, INSURANCE AND INVESTMENT, 2015, : 9 - 30
  • [6] An Interactive Goal Programming Model Based on the Satisfaction Functions
    Belaid, Aouni
    Jean-Marc, Martel
    Amal, Hassaine
    2013 5TH INTERNATIONAL CONFERENCE ON MODELING, SIMULATION AND APPLIED OPTIMIZATION (ICMSAO), 2013,
  • [7] Venture Capital Investment Selection Decision-making Base on Fuzzy Theory
    Zhang, Xubo
    INTERNATIONAL CONFERENCE ON SOLID STATE DEVICES AND MATERIALS SCIENCE, 2012, 25 : 1369 - 1375
  • [8] Venture capital investment selection decision-making base on fuzzy theory
    Zhang, Xubo
    2010 INTERNATIONAL CONFERENCE ON COMMUNICATION AND VEHICULAR TECHNOLOGY (ICCVT 2010), VOL I, 2010, : 140 - 143
  • [9] Chance constrained capital investment decision model for electric utilities
    Subramaniam, P.S., 2000, Gordon & Breach Science Publ Inc, Reading, United Kingdom (03):
  • [10] Modified PROMETHEEII for venture capital investment selection decision-making towards SMEs
    Yang, Yi
    Zhao, Yilin
    JOURNAL OF INTERDISCIPLINARY MATHEMATICS, 2018, 21 (04) : 1017 - 1029
12345