DocumentCode
2003473
Title
An analytic hierarchy process approach to fixed income market portfolio — The case of South Korean bond market
Author
Sangheon Han ; DongJoon Lee
Author_Institution
Fac. of Manage., Nagoya Univ. of Commerce & Bus., Nagoya, Japan
fYear
2012
fDate
20-24 Nov. 2012
Firstpage
1969
Lastpage
1973
Abstract
This paper proposes a Korea fixed income portfolio by using the analytic hierarchy process (AHP). We find that each criterion plays an important role in the portfolio. Nevertheless, the effect of the AHP-portfolio on the total returns is trivial. Therefore, we determine that the decision maker prefers the government bond to the others. We also determine that the portfolio generated by AHP accords with the decision maker´s preference.
Keywords
decision making; investment; South Korean bond market; analytic hierarchy process approach; decision making; fixed income market portfolio; government bond; total returns; Korean bond; analytic hierachy process (AHP); fixed income;
fLanguage
English
Publisher
ieee
Conference_Titel
Soft Computing and Intelligent Systems (SCIS) and 13th International Symposium on Advanced Intelligent Systems (ISIS), 2012 Joint 6th International Conference on
Conference_Location
Kobe
Print_ISBN
978-1-4673-2742-8
Type
conf
DOI
10.1109/SCIS-ISIS.2012.6505126
Filename
6505126
Link To Document