MAXIMAL ALLOCATED BENEFIT AND MINIMAL ALLOCATED COST AND ITS APPLICATION

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  • M. Mansouri Kaleibar1,
  • S. Daneshvar2,
  1. Young Researchers Club, Tabriz Branch, Islamic Azad University, Tabriz, Iran Iran, Islamic Republic of

Revised: 14-04-2016

Accepted: 14-04-2016

Published in Issue 21-06-2016

How to Cite

Mansouri Kaleibar, M., & Daneshvar, S. (2016). MAXIMAL ALLOCATED BENEFIT AND MINIMAL ALLOCATED COST AND ITS APPLICATION. International Journal of Mathematical Modelling & Computations, 2(3), 199-210. https://oiccpress.com/ijm2c/article/view/11158

Abstract

In this paper, we investigate the problems of consensus-making among institution in stock exchange with multiple criteria for evaluating performance when the players (institutions) are supposed to be egoistic and the score for each criterion for a player is supposed to be a positive score. Each player sticks to his superiority regarding the criteria. This paperintroduces the models for computing minimal cost ratio and the maximal benefit for institutions.