This paper discusses a GIS based decision support system that supports the petroleum upstream investment decision-making. Functions of prospect screening and evaluation in both technical aspects (Volume, structure, trap, reservoir and charge, etc.) and economic aspects (Net present value, Investment / profit Ratio, etc.) are designed and integrated into a GIS platform to supports and facilitate...

Predictability of financial time series (FTS) is a well-known dilemma. A typical approach to this problem is to apply a regression model, built on the historical data and then further extend it into the future. If however the goal is to support or even make investment decisions, regression-based FTS predictions are inappropriate as on top of being uncertain and unnecessarily complex, they requi...

Evaluating and selecting alternatives investment projects needs considering all relevant and important aspects. In traditional methods, the focus is just on tangible monetary criteria. Also in the traditional methods, either all the information’s about factors must be known precisely or sufficient objective data must be available for applying probability theory. In this paper, a combinative app...

In this paper, an algorithm is proposed to perform investment decision in a fuzzy environment. This algorithm considers both economic and strategic factors to select the optimal investment project. By using this algorithm, the ambiguities involved in the assessment data can be effectively represented and processed to assure a more convincing and effective decision-making. Finally, the air logis...

This paper develops and tests a new multi-attribute, behavioral based measure of mutual fund performance, at the portfolio decision-making rather than trade level, using alpha score, hit rate win-loss ratio. These measures are then combined to develop multi-attribute “efficiency”; author decomposes this into technical, scale, mix efficiency scores separately for overweight underweight positions...

Investors, like any decision maker, feel regret when they compare the outcome of an investment with what the outcome would have been had they invested differently. We argue and show that this counterfactual comparison process is most likely to take place when the decision maker’s expectations are violated. Across five scenario experiments we found that decision makers were influenced only by fo...

Existing methodologies of equity investment, such as fundamental analysis, technical analysis, and institutional investor analysis, explore important factors of stock price behaviors. However, the interdependent relationships of the key factors have not yet been fully studied. This paper provides the first analysis on the interactive relationships among the factors in incorporating the methods ...

Decision makers working to improve transportation systems must constantly balance the need to improve roadway safety through infrastructure investment with constraints of available resources. We have explored the additional information available to transportation decision makers by integrating two independent datasets, traffic accident and roadway pavement condition data. The roadway condition ...

many researches have depicted there is no significant and positive correlation between it and firm level performance, called productivity paradox, so as successful investment on it depends on taking into account the role of complementary assets such as business processes and organizational infrastructures. on the other hand, since there are not enough resources to invest on all these assets, th...

Two bargaining parties play the Nash Demand Game to share a pie whose size is determined by one party's investment decision. Various investment levels are subgame-perfect. Adding the investment decision to Young's evolutionary bargaining model yields the following long-run outcome: efficient investment prevails and the investor's share of the pie approximates die maximum of (i) the smallest sha...