메뉴 건너뛰기




Volumn 58, Issue 1-4, 2012, Pages 227-236

A practical R&D selection model using fuzzy pay-off method

Author keywords

Fuzzy optimization; Fuzzy pay off method; R D portfolio selection; Real option valuation

Indexed keywords

FUZZY OPTIMIZATION; FUZZY PAY-OFF METHOD; FUZZY SETS THEORY; INTEGER PROGRAMMING MODELS; MATHEMATICAL FORMULATION; NUMERICAL EXAMPLE; PORTFOLIO OPTIMIZATION; PORTFOLIO SELECTION MODELS; PROJECT INFORMATIONS; PROJECT VALUATION; REAL OPTIONS; SELECTION MODEL; ZERO-ONE;

EID: 84855674805     PISSN: 02683768     EISSN: 14333015     Source Type: Journal    
DOI: 10.1007/s00170-011-3364-9     Document Type: Article
Times cited : (20)

References (28)
  • 2
    • 0040367246 scopus 로고
    • A review of program evaluation and fund allocation methods within the service and government sectors
    • Zanakis SH, Mandakovic T, Gupta SK, Sahay S, Hong S (1995) A review of program evaluation and fund allocation methods within the service and government sectors. Socio Econ Plan Sci 29(1) : 59-79
    • (1995) Socio Econ Plan Sci , vol.29 , Issue.1 , pp. 59-79
    • Zanakis, S.H.1    Mandakovic, T.2    Gupta, S.K.3    Sahay, S.4    Hong, S.5
  • 3
    • 0033423721 scopus 로고    scopus 로고
    • Research and development project selection and resource allocation-A review of quantitative modelling approaches
    • Heidenberger K, Stummer C (1999) Research and development project selection and resource allocation-a review of quantitative modelling approaches. Int J Manag Rev 1:197-224
    • (1999) Int J Manag Rev , vol.1 , pp. 197-224
    • Heidenberger, K.1    Stummer, C.2
  • 4
    • 84855677709 scopus 로고    scopus 로고
    • A robust optimization approach to R&D portfolio selection
    • Fleischmann B, Borgwardt K-H, Klein R, Tuma A eds, Springer, Berlin Heidelberg
    • Hassanzadeh F, Modarres M, Saffari M (2009) A robust optimization approach to R&D portfolio selection. In: Fleischmann B, Borgwardt K-H, Klein R, Tuma A (eds) Operations Research Proceedings 2008. Springer, Berlin Heidelberg, pp 451-456
    • (2009) Operations Research Proceedings 2008 , pp. 451-456
    • Hassanzadeh, F.1    Modarres, M.2    Saffari, M.3
  • 5
    • 0024030575 scopus 로고
    • The R&D project selection problem with fuzzy coefficients
    • Pereira O, Junior D (1988) The R&D project selection problem with fuzzy coefficients. Fuzzy Set Syst 26:299-316
    • (1988) Fuzzy Set Syst , vol.26 , pp. 299-316
    • Pereira, O.1    Junior, D.2
  • 6
    • 0037519305 scopus 로고    scopus 로고
    • Multiple criteria R&D project selection and scheduling using fuzzy logic
    • Coffin MA, Taylor BW (1996) Multiple criteria R&D project selection and scheduling using fuzzy logic. Comput Oper Res 23(3) : 207-220
    • (1996) Comput Oper Res , vol.23 , Issue.3 , pp. 207-220
    • Coffin, M.A.1    Taylor, B.W.2
  • 8
    • 0001862777 scopus 로고    scopus 로고
    • Possibilistic linear programming: A brief review of fuzzy mathematical programming and a comparison with stochastic programming in portfolio selection problem
    • Inuiguchi M, Ramík J (2000) Possibilistic linear programming: a brief review of fuzzy mathematical programming and a comparison with stochastic programming in portfolio selection problem. Fuzzy Set Syst 111(1) : 3-28
    • (2000) Fuzzy Set Syst , vol.111 , Issue.1 , pp. 3-28
    • Inuiguchi, M.1    Ramík, J.2
  • 9
    • 4544374963 scopus 로고    scopus 로고
    • A fuzzy model for R&D project selection with benefit: Outcome and resource
    • Kuchta D (2001) A fuzzy model for R&D project selection with benefit: outcome and resource. Eng Econ 46(3) : 164-180
    • (2001) Eng Econ , vol.46 , Issue.3 , pp. 164-180
    • Kuchta, D.1
  • 10
    • 0000848285 scopus 로고    scopus 로고
    • Fuzzy capital budgeting
    • Kuchta D (2000) Fuzzy capital budgeting. Fuzzy Set Syst 111:367-385
    • (2000) Fuzzy Set Syst , vol.111 , pp. 367-385
    • Kuchta, D.1
  • 11
    • 58149357660 scopus 로고    scopus 로고
    • Fuzzy capital rationing model
    • Bas E, Kahraman C (2009) Fuzzy capital rationing model. J Comput Appl Math 224:628-645
    • (2009) J Comput Appl Math , vol.224 , pp. 628-645
    • Bas, E.1    Kahraman, C.2
  • 12
    • 0000235095 scopus 로고
    • Valuing risky projects: Option pricing theory and decision analysis
    • Smith JE, Nau RF (1995) Valuing risky projects: option pricing theory and decision analysis. Manag Sci 41(5) : 795-816
    • (1995) Manag Sci , vol.41 , Issue.5 , pp. 795-816
    • Smith, J.E.1    Nau, R.F.2
  • 13
    • 0031277043 scopus 로고    scopus 로고
    • The option value of advanced R&D
    • Pennings HPG, Lint LJO (1997) The option value of advanced R&D. Eur J Oper Res 103(1) : 83-94
    • (1997) Eur J Oper Res , vol.103 , Issue.1 , pp. 83-94
    • Pennings, H.P.G.1    Lint, L.J.O.2
  • 14
    • 0013417759 scopus 로고    scopus 로고
    • Real options valuation: The new frontier in R&D project evaluation?
    • Perlitz M, Peske T, Schrank R (1999) Real options valuation: the new frontier in R&D project evaluation? R&D Manag 29(3) : 255-269
    • (1999) R&D Manag , vol.29 , Issue.3 , pp. 255-269
    • Perlitz, M.1    Peske, T.2    Schrank, R.3
  • 15
    • 21844519232 scopus 로고
    • What every CFO should know about scientific progress in financial economics: What is known and what remains to be resolved
    • Roll R (1994) What every CFO should know about scientific progress in financial economics: what is known and what remains to be resolved. Financ Manag 23(2) : 69-75
    • (1994) Financ Manag , vol.23 , Issue.2 , pp. 69-75
    • Roll, R.1
  • 16
    • 84977731487 scopus 로고    scopus 로고
    • The valuation of sequential exchange opportunities
    • Carr P (1998) The valuation of sequential exchange opportunities. J Financ 43:1235-1256
    • (1998) J Financ , vol.43 , pp. 1235-1256
    • Carr, P.1
  • 17
    • 0141792903 scopus 로고    scopus 로고
    • A fuzzy approach to real option valuation
    • Carlsson C, Fullér R (2003) A fuzzy approach to real option valuation. Fuzzy Set Syst 139:297-312
    • (2003) Fuzzy Set Syst , vol.139 , pp. 297-312
    • Carlsson, C.1    Fullér, R.2
  • 19
    • 33748255465 scopus 로고    scopus 로고
    • A fuzzy set approach for R&D portfolio selection using a real options valuation model
    • DOI 10.1016/j.omega.2005.06.002, PII S0305048305000873
    • Wang J, Hwang W-L (2007) A fuzzy set approach for R&D portfolio selection using a real options valuation model. Omega 35:247-257 (Pubitemid 44317630)
    • (2007) Omega , vol.35 , Issue.3 , pp. 247-257
    • Wang, J.1    Hwang, W.-L.2
  • 20
    • 70849085137 scopus 로고    scopus 로고
    • Developing an R&D projects portfolio selection decision system based on fuzzy logic
    • D-M Z, Zhang T, X-T W, D-L C (2009) Developing an R&D projects portfolio selection decision system based on fuzzy logic. Int J Model Identif Control 8(3) : 205-212
    • (2009) Int J Model Identif Control , vol.8 , Issue.3 , pp. 205-212
    • D-M, Z.1    Zhang, T.2    X-T, W.3    D-L, C.4
  • 21
    • 55349096852 scopus 로고    scopus 로고
    • European real options: An intuitive algorithm for the Black Scholes formula
    • Datar V, Mathews S (2004) European real options: an intuitive algorithm for the Black Scholes formula. J Appl Financ 14:45-51
    • (2004) J Appl Financ , vol.14 , pp. 45-51
    • Datar, V.1    Mathews, S.2
  • 22
    • 68349101481 scopus 로고    scopus 로고
    • A fuzzy pay-off method for real option valuation
    • doi:10.1155/2009/238196
    • Collan M, Fullér R, Mezei J (2009) A fuzzy pay-off method for real option valuation. J Appl Math Decis Sci. doi:10.1155/2009/238196
    • (2009) J Appl Math Decis Sci
    • Collan, M.1    Fullér, R.2    Mezei, J.3
  • 24
    • 0035885520 scopus 로고    scopus 로고
    • On possibilistic mean value and variance of fuzzy numbers
    • DOI 10.1016/S0165-0114(00)00043-9, PII S0165011400000439
    • Carlsson C, Fullér R (2001) On possibilistic mean value and variance of fuzzy numbers. Fuzzy Set Syst 122:315-326 (Pubitemid 32590557)
    • (2001) Fuzzy Sets and Systems , vol.122 , Issue.2 , pp. 315-326
    • Carlsson, C.1    Fuller, R.2
  • 25
    • 0042158438 scopus 로고    scopus 로고
    • Using fuzzy set theory to analyse investments and select portfolios of tangible investments in uncertain environments
    • Terceño A, De Andrés J, Barberà G (2003) Using fuzzy set theory to analyse investments and select portfolios of tangible investments in uncertain environments. Int J Uncertain Fuzziness Knowl Based Syst 3:263-281
    • (2003) Int J Uncertain Fuzziness Knowl Based Syst , vol.3 , pp. 263-281
    • Terceño, A.1    De Andrés, J.2    Barberà, G.3
  • 26
    • 38249000273 scopus 로고
    • Fuzzy reasoning for solving fuzzy mathematical programming problems
    • Fullér R, Zimmermann H-J (1993) Fuzzy reasoning for solving fuzzy mathematical programming problems. Fuzzy Set Syst 60:121-133
    • (1993) Fuzzy Set Syst , vol.60 , pp. 121-133
    • Fullér, R.1    Zimmermann, H.-J.2
  • 27
    • 0022093460 scopus 로고
    • Inequality relation between fuzzy numbers and its use in fuzzy optimization
    • Ramik J, Rimanek J (1985) Inequality relation between fuzzy numbers and its use in fuzzy optimization. Fuzzy Set Syst 16:123-138 (Pubitemid 15528219)
    • (1985) Fuzzy Sets and Systems , vol.16 , Issue.2 , pp. 123-138
    • Ramik, J.1    Rimanek, J.2
  • 28
    • 0037065272 scopus 로고    scopus 로고
    • Real options based analysis of optimal pharmaceutical research and development portfolios
    • Rogers MJ, Gupta A, Maranas CD (2002) Real options based analysis of optimal pharmaceutical research and development portfolios. Ind Eng Chem Res 41(25) : 6607-6620 (Pubitemid 35429854)
    • (2002) Industrial and Engineering Chemistry Research , vol.41 , Issue.25 , pp. 6607-6620
    • Rogers, M.J.1    Gupta, A.2    Maranas, C.D.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.