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dc.contributor.authorDinçer, Hasan
dc.contributor.authorHacıoğlu, Ümit
dc.contributor.authorTatoğlu, Ekrem
dc.contributor.authorDelen, Dursun
dc.date.accessioned10.07.201910:49:13
dc.date.accessioned2019-07-10T19:51:47Z
dc.date.available10.07.201910:49:13
dc.date.available2019-07-10T19:51:47Z
dc.date.issued2016en_US
dc.identifier.citationDinçer, H., Hacıoğlu, Ü., Tatoğlu, E. ve Delen, D. (2016). A fuzzy-hybrid analytic model to assess investors' perceptions for industry selection. Decısıon Support Systems, 86, 23-34. https://dx.doi.org/10.1016/j.dss.2016.03.005en_US
dc.identifier.issn0167-9236
dc.identifier.issn1873-5797
dc.identifier.urihttps://dx.doi.org/10.1016/j.dss.2016.03.005
dc.identifier.urihttps://hdl.handle.net/20.500.12511/2283
dc.descriptionWOS: 000376808400003en_US
dc.description.abstractThe 2008-2009 global financial crisis and its subsequent ramifications on capital markets have led to an increasing attention on the importance of cognitive and behavioral issues in finance. The purpose of this study is to determine the ranking of the industry alternatives for portfolio investments based on individual investors' perceptions. Accordingly, a hybrid analytic multi-criteria decision model (MCDM)-based on the Fuzzy Analytic Hierarchy Process (FAHP) and the Fuzzy Technique for the Order of Preference by Similarity to Ideal Solution (HOPS'S) methods along with sensitivity analysis is developed to identify and rank-order the best performing industry options. The proposed model is applied to Borsa Istanbul Stock Exchange 100 Index (BIST 100) in Turkey. The results indicate that (i) the investors' perceptions on market conditions and global financial situation influence their industry selection on company stocks; (ii) the investors' perceptions on portfolio investments rely heavily on performance and risk levels of individual asset/stocks, and (iii) traded stocks of financial industry (along with its sub-industries) have greater performance expectations than those of the ones in other industries such as technology, services and tourism.en_US
dc.language.isoengen_US
dc.publisherElsevier Science Bven_US
dc.rightsinfo:eu-repo/semantics/embargoedAccessen_US
dc.subjectInvestment Decisionsen_US
dc.subjectInvestor Perceptionen_US
dc.subjectFuzzy TOPSISen_US
dc.subjectFuzzy AHPen_US
dc.subjectHybrid Analytic Modelingen_US
dc.subjectEmerging Economiesen_US
dc.titleA fuzzy-hybrid analytic model to assess investors' perceptions for industry selectionen_US
dc.typearticleen_US
dc.relation.journalDecision Support Systemsen_US
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Uluslararası Ticaret ve Finansman Bölümüen_US
dc.authorid0000-0002-8072-031Xen_US
dc.authorid0000-0002-0068-0048en_US
dc.identifier.volume86en_US
dc.identifier.startpage24en_US
dc.identifier.endpage34en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.identifier.doi10.1016/j.dss.2016.03.005en_US


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