Portfolio Decision Analysis

Portfolio Decision Analysis: Improved Methods for Resource Allocation provides extensive, up-to-date coverage of decision analytic methods for allocation resources to lumpy investment opportunities in firms and public organizations where investment goes beyond purely discrete financial entities. In particular, it discusses the evolution of these methods, presents new methodological advances and illustrates their uses across several application domains.
The book offers a many-faceted treatment of portfolio decision analysis (PDA). Among other things, it (i) synthesizes the state-of-play in PDA, (ii) describes novel methodologies, (iii) fosters the deployment of these methodologies, and (iv) contributes to the strengthening of research on PDA. It is a highly welcome addition to the literature, given that no comparable books exist at present, yet portfolio problems are widely regarded as the single most important application context of decision analysis. The book presents innovative treatments, both in terms of new methodological approaches and their uses in applications.
The intended audience consists of researchers and academics who wish to gain a good understanding of portfolio decision analysis and also insights into how PDA methods can be leveraged in different application contexts. The book can also be employed in courses at the post-graduate level.