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Unpublished Paper
The Value of Refining Buy-up Alternatives for Portfolio Decision Analysis
College of Management Working Papers and Reports
  • Jeffrey Keisler, University of Massachusetts Boston
Document Type
Occasional Paper
Publication Date
11-4-2010
Disciplines
Abstract

Portfolio project selection and in particular portfolio decision analysis (DA) approaches at their most basic rely on a simple economic notion – rank investments in order of value gained per dollar spent and fund them in this order until the budget is spent. But the quality of the recommendations generated by such an approach is only as good as the quality of the assumptions about projects that are used. In this paper we consider how much effort is worth expending to improve definition of alternatives at the project level.

Comments

Working Paper #1448.

Community Engaged/Serving
No, this is not community-engaged.
Citation Information
Jeffrey Keisler. "The Value of Refining Buy-up Alternatives for Portfolio Decision Analysis" (2010)
Available at: http://works.bepress.com/jeffrey_keisler/4/