Portfolio Decision Analysis Improved Methods for Resource Allocation

From the reviews:

“This edited volume on portfolio decision analysis is a successful effort to capture many perspectives on an important problem in the industry … . The chapters form a diversified set of perspectives that can aid both academics and practitioners. … offers a variety of practitioner-based instances that make it useful reading for portfolio analysts. It also has some valuable information and future directions for academics who are interested in exploring the challenges of portfolio decisions.” (Stelios Kavadias, Interfaces, Vol. 44 (1), January-February, 2014)

Ahti Salo is Professor of systems analysis at the Systems Analysis Laboratory of the Aalto University School of Science. He obtained his M.Sc. and Dr.Tech. degrees at the Helsinki University of Technology in 1987 and 1992, respectively. He has worked as a senior researcher at the Technical Research Centre of Finland (VTT) and Nokia Research Center, and as a visiting professor at the London Business School, Université Paris-Dauphine and the University of Vienna. His research interests include portfolio decision analysis, risk management, efficiency analysis, and technology foresight. He has written well over 100 publications, including papers in leading journals such as Management Science, Operations Research and European Journal of Operational Research, and is currently an Associate Editor of Decision Analysis. He has directed numerous high-impact decision support processes such as the national foresight project FinnSight 2015. In 2010, he became the President of the Finnish Operations Research Society, served on the jury of the EURO Doctoral Dissertation Award, and began his work as the European and Middle East Representative on the INFORMS International Activities Committee.

Jeffrey Keisler is Associate Professor of Management Science and Information Systems at the University of Massachusetts Boston.  He earned a Ph.D. in Decision Sciences and an S.M. in Engineering Sciences at Harvard as well as an MBA at the University of Chicago and a B.S. from the University of Wisconsin. He has over fifty assorted publications including articles in journals such as Decision Analysis, Interfaces, and Risk analysis. His research interests include decision analysis applications, portfolio decision analysis, decision processes, value of information, and other decision analytic methods.  He was previously a decision analyst at General Motors, Argonne National Laboratory and Strategic Decisions Group. He is Editor of Decision Analysis Today and anAssociate Editor for Interfaces. He is President of the Specialty Group on Decision Analysis and Risk within the Society for Risk Analysis. Most recently, he became Vice-President/President-Elect of the INFORMS Decision Analysis Society.

Dr Alec Morton is Lecturer in Operational Research in the Department of Management at the London School of Economics and Political Science.  He teaches courses in decision analysis, simulation, and statistics, and his research interests are in the application of decision analysis to planning problems, especially in healthcare; in Multicriteria Decision Analysis and Multiobjective Optimization; in the normative foundations of health economics, and in games of attack and defence.  He is a graduate of the Universities of Manchester and Strathclyde, and before joining the LSE, worked at Singapore Airlines and the National University of Singapore.

Contributing Authors

Mara Airoldi , London School of Economics and Political Science

Gonzalo Arévalo , Carlos III National Health Institute

Nikolaos Argyris , London School of Economics and Political Science

Roger Chapman Burk , US Military Academy, West Point

Zeger Degraeve , London Business School

Bert De Reyck , University College London and London Business School,

Barbara Fasolo , London School of Economics and Political Science

José Rui Figueira , Universidade Técnica de Lisboa and Ecole des Mines de Nancy

L. Alberto Franco , Warwick Business School

Johannes Gettinger , Vienna University of Technology

Janne Gustafsson , Ilmarinen Mutual Pension Insurance Company

Elmar Kiesling , University of Vienna,

Jack Kloeber , Kromite, LLC

Juuso Liesiö , Aalto University School of Science

Gilberto Montibeller , London School of Economics and Political Science

Vincent Mousseau , Ecole CentraleParis

Gregory S. Parnell , US Military Academy,West Point

Lawrence D. Phillips , London School of Economics and Political Science

David Ríos Insua , Royal Academy of Sciences

Julie Stal-Le Cardinal , Ecole Centrale Paris

Jeffrey S. Stonebraker , North Carolina State University

Christian Stummer , Universität Bielefeld

Antti Toppila , Aalto University School of Science

Rudolf Vetschera , University of Vienna

Detlof vonWinterfeldt , International Institute for Applied Systems Analysis

Jun Zheng , Ecole Centrale Paris