ADVANCES IN DECISION ANALYSIS. EFFICIENT METHODS IN FINANCE

Abstract

Decision analysis offer workable solutions in domain such as the environment, health and medicine, engineering and operations research and finance. In finance area we can observe a big variety of method and techniques for research fluctuates from economy and financial date. Most economic decisions are related to monetary variables. Since money has a capacity to connect the present and the future, conflicts among long�run and short�run economic goals and uncertainties of the future make economic decisions very complicated. In this paper we will introduce some models to show how monetary variables can be investigated real aspects of economic development. We discusses problems encountered in financial models, describes efficient method and show how to apply them to practical problems in financedecision analysis, mathematical modeling, dynamic models, money