Using Trade-off Information in Attributes' Investing
Authors: Jog VM, Kaliszewski I, Michalowski W
Publication Year: 1998
Reference: IIASA Interim Report IR-98-019
Abstract
The paper describes the use of trade-off information to create effective stock portfolio characterized by the desired values of selected stock attributes. The basic notions behind such a process of portfolio creation are discussed and related to multi attribute analysis which is done by evaluating compensations among the attributes' values. A framework to construct a portfolio using only compensatory information is presented and applied to the analysis of stocks traded on the Toronto Stock Exchange.