Zopounidis and Doumpos consider a very interesting topic, namely Multiple Criteria Decision Aiding (MCDA) (for a collection of state-of-the-art surveys on MCDA, see (Figueira et al. 2005a)) for financial problems. The main perspective adopted in classical finance theory is normative and descriptive. As pointed out in the paper, real world financial problems require, however, to adopt a constructive perspective instead of the normative and descriptive one. We believe that this perspective is worth some more words in order to get a more complete image of the application of MCDA to decisions in finance.
|Number of pages||7|
|Journal||TOP: An Official Journal of the Spanish Society of Statistics and Operations Research|
|Publication status||Published - Jul 2013|