A decision-support model for investment decisions in new ventures

European Journal of Operational Research

Volumn 90, Issue 3, 1996, Pages 473-486

  Jain, Bharat A ^a   Nag, Barin N ^a  

^a TOWSON UNIVERSITY   (United States)

Author keywords

Analytic hierarchy process; New ventures, decision support system; Qualitative variables

Indexed keywords

DECISION MAKING; ECONOMICS; HIERARCHICAL SYSTEMS; KNOWLEDGE BASED SYSTEMS; MARKETING; MATHEMATICAL MODELS; OPERATIONS RESEARCH;

ANALYTIC HIERARCHY PROCESS; DECISION SUPPORT MODEL; INVESTMENT DECISIONS; NEW VENTURES; QUALITATIVE VARIABLES;

DECISION SUPPORT SYSTEMS;

EID: 0030149892     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/0377-2217(95)00154-9     Document Type: Article

References (30)

1. Barry, C., Muscarella, C., and Vetsuypens, M., "The role of venture capital in the creation of public companies: Evidence from the going public process", Journal of Financial Economics 27 (1990) 447-472.
2. Beatty, R., and Ritter, J.R., "Investment banking reputation and the underpricing of initial public offerings", Journal of Financial Economics 15 (1986) 213-232.
3. Belton, V., and Gear, T., "On a short-coming of Saaty's method of analytic hierarchies", Omega 11/3 (1983) 228-230.
4. Carter, R., and Manaster, S., "Initial public offering and underwriter reputation", Journal of Finance 45 (1990) 1045-1067.
5. Dyer, R.F., and Foreman, E.H., "Group decision support with the Analytic Hierarchy Process", Decision Support Systems 8 (1992) 99-124.
6. Dyer, J.S., "Remarks on the Analytic Hierarchy Process", Management Science 36 (1990) 249-258.
7. Foreman, E.H., "Decision support for executive decision makers", Information Strategy: The Executive Journal 1 (1985).
8. Hansen, R.S., and Torregrosa, P., "Underwriter compensation and corporate monitoring", Journal of Finance 47/4 (1992) 1537-1556.
9. Harker, P.T., "The use of expert judgments in predicting interregional migration patterns: An Analytic Hierarchy approach," Geographical Analysis 18/1 (1986) 62-80.
10. Harker, P.T., and Vargas, L.G., "The theory of ratio scale estimation: Saaty's Analytic Hierarchy Process", Management Science 33 (1987) 1383-1403.
11. Hayes, S.L., "Investment banking: Power structure in flux", Harvard Business Review (March-April 1971) 136-152.
12. Jain, B.A., Nag, B.N., and Zhou, H.H., "An expert system for investment decisions in new public firms", Proceedings of World Congress on Expert Systems, Lisbon, 1994.
13. James, C., "Relationship-specific assets and the pricing of underwriter services," Journal of Finance 57 (1992) 1865-1885.
14. Jensen, M.C., and Meckling, W., "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics 2 (1976) 306-360.
15. Johnson, J.M., and Miller, R.E., "Investment banking prestige and the underpricing of IPOs," Financial Management 17 (1988) 19-29.
16. Liberatore, M.J., and Stylianou, A.C., "The Development Manager's Advisory System: A knowledge-based DSS tool for project assessment, Decision Sciences 24 (1992) 953-976.
17. Porter, M.E., Competitive Advantage: Creating and Sustaining Superior Performance, Free Press, New York, 1995.
18. Ritter, J.R., "The hot issue market of 1980", Journal of Business 57 (1984) 215-241.
19. Ritter, J.R., "The cost of going public", Journal of Financial Economics 19 (1987) 269-281.
20. Ritter, J.R., "The long-run performance of initial public offerings," Journal of Finance 46 (1991) 3-27.
21. Saaty, T.L., "Axiomatic foundations of the Analytic Hierarchy Process", Management Science 32/7 (1986) 841-855.
22. Saaty, T.L., 1988. Multicriteria Decision Making: The Analytic Hierarchy Process, University of Pittsburgh, Pittsburgh, PA, 1988.
23. Saaty, T.L., and Vargas, L.G., "The legitimacy of rank reversal," Omega 12 (1984) 513.
24. Saaty, T.L., and Vargas, L.G., "Uncertainty and rank order in the Analytic Hierarchy Process," European Journal of Operational Research 32 (1987) 107-117.
25. Saaty, T.L., "An exposition of the AHP in reply to the paper 'Remarks on the Analytic Hierarchy Process'", Management Science 36 (1990) 259-268,
26. Schocken, S., and Finin, T., "Meta-interpreters for rule-based inference under uncertainty," Decision Support Systems 6 (1990) 165-181.
27. Tsoukias, A., "Preference modeling as a reasoning process: A new way to face uncertainty in multiple criteria decision support systems," European Journal of Operational Research 55 (1991) 309-318.
28. Winkler, R.L., "Decision modeling and rational choice: AHP and utility theory," Management Science 36 (1990) 247-248.
29. Zellner, A., and Lee, T.H., "Joint estimation of relationships involving discrete random variables", Econometrica 33 (1965) 382-394.
30. Zimmermann, H.J., Fuzzy Sets, Decision Making and Expert Systems, Kluwer Academic Publishers, Boston, MA, 1987.