Economic Themes (2013) 51 (1) 6, 107-122
Predrag Mimović, Milena Jakšić, Violeta Todorović
Abstract: Traditional portfolio theory, based on some basic rules, sufficiently precise and often subjectively selects appropriate class of securities that should make the optimal investment portfolio. In regard to the nature on multicriteria decision-making in financial management, the paper proposes operation and demonstrates the possibility of methodological support of analytic network process in the selection and structure of optimal investment portfolio in the example of voluntary pension fund, as a hypothetical investor.
Keywords: multicriteria decision making; finance; investment portfolio; the voluntary pension fund; efficiency; optimization; uncertainty; the market; the analytic network process; comparison of pairs; probability
STRUCTURING OF OPTIMAL INVESTMENT PORTFOLIO OF VOLUNTARY PENSION FUND BY ANALYTIC NETWORK PROCESS
Predrag Mimović, Milena Jakšić, Violeta Todorović
Abstract: Traditional portfolio theory, based on some basic rules, sufficiently precise and often subjectively selects appropriate class of securities that should make the optimal investment portfolio. In regard to the nature on multicriteria decision-making in financial management, the paper proposes operation and demonstrates the possibility of methodological support of analytic network process in the selection and structure of optimal investment portfolio in the example of voluntary pension fund, as a hypothetical investor.
Keywords: multicriteria decision making; finance; investment portfolio; the voluntary pension fund; efficiency; optimization; uncertainty; the market; the analytic network process; comparison of pairs; probability
