Panagiotis Xidonas

Learn More
An integrated multiple-criteria methodological framework is proposed to support decisions that concern the selection of common stock portfolios. At the first stage of the methodology, two multiple-criteria methods are employed, within the context of the outranking relations theory, towards the initial appraisal of the stocks that are examined. We then(More)
A multi-objective mixed integer programming model for equity portfolio construction and selection is developed in this study, in order to generate the Pareto optimal portfolios, using a novel version of the well known ε-constraint method. Subsequently, an interactive filtering process is also proposed to assist the decision maker in making his/her final(More)
A fundamental principle of modern portfolio theory is that portfolio selection decisions are generally made using two criteria, corresponding to the first two moments of return distributions, namely the expected return and portfolio variance. One criticism over this theory, which has often been addressed both by practitioners and academics, is that it fails(More)
0957-4174/$ see front matter 2009 Elsevier Ltd. A doi:10.1016/j.eswa.2009.03.066 * Corresponding author. Tel.: +30 210 7723 583. E-mail addresses: pxid@epu.ntua.gr (P. Xidonas) (G. Mavrotas). In this article we present an expert systems methodology for supporting decisions that concern the selection of equities, on the basis of financial analysis. The(More)
An integrated multiple criteria methodological framework is proposed to support decisions that concern the construction and selection of common stock portfolios. The proposed framework combines discrete multiple criteria evaluation methods with a non-linear continuous optimisation model. The preferences and experiences of professionals and experts in the(More)