Seasonality in consumption: An economic analysis of the alimentary patterns in Greece (1957-2005)

This paper attempts to explore financial expenditure of households in post-war Greece (1957-2005) in our endeavour to describe annual seasonality patterns of food consumption. Agricultural/industrial, animal/plant-based, in-house/away-from-home alimentation features are examined in an effort to understand and qualitatively categorise the evolution and progression of food consumption over time. Our analysis is performed presenting descriptive statistics and data gathered from the "Household Budget Surveys" (H.B.S.) of the National Statistical Service of Greece (E.S.Y.E)

Economic crisis and firms’ performance: Empirical evidence for the Greek cheese industry

The main purpose of this paper is to empirically explore the characteristics of the cheese sector that lead businesses in Greece to profitability. It is also important to evaluate the impact of the current economic crisis on the economic performance of cheese enterprises. This study uses a panel data set that come from balance sheets and income statements of almost 100 companies operating in the cheese sector for the period 2006 to 2011. The first results show that during this economic crisis period, the profitability of cheese businesses has been affected adversely. Moreover, the smaller sized businesses are presenting the most significant efficiency and profitability losses

EVALUATION OF EQUITY MUTUAL FUNDS’ PERFORMANCE USING A MULTICRITERIA METHODOLOGY.

The evaluation of the performance of mutual funds has been a very interesting research topic for not only researchers, but also for managers of financial, banking and investment institutions. In this study a well-known MCDA method based on the theory of outranking relations, the PROMETHEE II method (Preference Ranking Organisation Method for Enrichment Evaluations; Brans & Vincke, 1985) is used to develop outranking models for mutual funds’ performance. This method is applied on real-world data of mutual funds derived from the Association of Greek Institutional Investors. The results of the PROMETHEE II method are indicative of ranking the funds from the best to the worst ones according to their performance.Mutual funds, Multicriteria analysis, Ranking

Evaluation of equity mutual funds’ performance using a multicriteria methodology

Summarization: The evaluation of the performance of mutual funds has been a very interesting research topic for not only researchers, but also for managers of financial, banking and investment institutions. In this study a well-known MCDA method based on the theory of outranking relations, the PROMETHEE II method (Preference Ranking Organisation Method for Enrichment Evaluations; [Brans and Vincke (1985)]) is used to develop outranking models for mutual funds’ performance. This method is applied on real-world data of mutual funds derived from the Association of Greek Institutional Investors. The results of the PROMETHEE II method are indicative of ranking the funds from the best to the worst ones according to their performance.Presented on: Operational Research, An International Journa