Portfolio Decision Analysis

An Invitation to Portfolio Decision Analysis.- Portfolio Decision Quality.- The Royal Navy's Type 45 Story: A Case Study.- Valuation of Risky Projects Using Portfolio Selection Models.- Interactive Multicriteria Methods in Portfolio Decision Analysis.- Empirically Investigating the Portfolio Management Process: Finding from a Large Pharmaceutical Company.- Behavioral Issues in Portfolio Decision Analysis.- Portfolio Methods for Supporting Innovation Management Processes.- An Experimental Comparison of Two Interactive Visualization Methods for Multicriteria Portfolio Selection.- Multiple Criteria Sorting: An Application to Student Selection.- A Resource Allocation Model for R&D Investments: A Case Study in Telecommunication Standardization.- Resource Allocation in Local Government with Facilitated Portfolio Decision Analysis.- Portfolio Decision Analysis in Pharmaceutical R&D.- Portfolio Decision Analysis: Lessons from Military Applications.- Portfolio Decision Analysis for Population Health.

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

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)