Publication detail

Decision-making on Implementation of IPO Under Topological Uncertainty

DOUBRAVSKÝ, K. MELUZÍN, T. DOHNAL, M.

Original Title

Decision-making on Implementation of IPO Under Topological Uncertainty

Type

journal article in Scopus

Language

English

Original Abstract

IPO (Initial Public Offering) is a complex decision making task which is always associated with different types of uncertainty. Poor accuracies of available probabilities of lotteries e.g. quantification of investor interest is studied in the first part of this paper (Meluzín, Doubravský, Dohnal, 2012). However, IPO is often prohibitively ill-known. This paper takes into consideration the fact that decision makers cannot specify the structure/topology of the relevant decision tree. It means that one IPO task is specified by several (partially) different decision trees which comes from different sources e.g. from different teams of decision makers/experts. A flexible integration of those trees is based on fuzzy logic using the reconciliation (Meluzín, Doubravský, Dohnal, 2012). The developed algorithm is demonstrated by a case study which is presented in details. The IPO case integrates two partially different decision trees.

Keywords

IPO, decision-making, uncertainty, linear programming, fuzzy logic

Authors

DOUBRAVSKÝ, K.; MELUZÍN, T.; DOHNAL, M.

RIV year

2015

Released

15. 3. 2015

Publisher

Mendel University in Brno

Location

Brno

ISBN

1211-8516

Periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Year of study

63

Number

1

State

Czech Republic

Pages from

193

Pages to

200

Pages count

7

URL

https://acta.mendelu.cz/63/1/0193/

Full text in the Digital Library

http://hdl.handle.net/11012/201396

BibTex

@article{BUT113325,
  author="Karel {Doubravský} and Tomáš {Meluzín} and Mirko {Dohnal}",
  title="Decision-making on Implementation of IPO Under Topological Uncertainty",
  journal="Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis",
  year="2015",
  volume="63",
  number="1",
  pages="193--200",
  doi="10.11118/actaun201563010193",
  issn="1211-8516",
  url="https://acta.mendelu.cz/63/1/0193/"
}