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What is Multi-Criteria Decision Aid in Financial Decision Making about?

This paper reviews the role of multi-criteria decision aid (MCDA) methodologies in enhancing financial decision-making, emphasizing the complexity and multi-dimensional nature of financial problems. It discusses the evolution of MCDA as a discipline within operations research and its applications in various financial contexts, such as portfolio selection and credit risk assessment. The authors highlight the necessity for decision makers to consider multiple conflicting criteria and the importance of integra

Author

Atiye Yousefi

Language

EN