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Exact solution algorithms for biobjective mixed integer programming problems 双目标混合整数规划问题的精确解算法
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2025-08-13 DOI: 10.1111/itor.70079
Deniz Emre, Özlem Karsu, Firdevs Ulus
{"title":"Exact solution algorithms for biobjective mixed integer programming problems","authors":"Deniz Emre,&nbsp;Özlem Karsu,&nbsp;Firdevs Ulus","doi":"10.1111/itor.70079","DOIUrl":"https://doi.org/10.1111/itor.70079","url":null,"abstract":"<p>We consider criterion space algorithms for biobjective mixed integer programs. The algorithms solve scalarization models in order to explore predetermined regions of the objective space called boxes, defined by two nondominated points. When exploring, the algorithm exploits information on its corner points and chooses the scalarization problem accordingly so as to detect line segments quickly, without having to solve many scalarizations. We propose three algorithms: The first one creates new boxes immediately when it finds a nondominated point, whereas the second algorithm conducts additional operations after obtaining a nondominated point by the Pascoletti–Serafini scalarization. The third algorithm is another variant that uses the computational advantage of dichotomic search whenever possible. Our computational experiments demonstrate the computational feasibility of the algorithms and show that the number of mixed integer linear programming models is significantly lower compared to similar approaches in the literature. The results further validate the utilization of Pascoletti–Serafini scalarization, aimed at enhancing the representativeness of solutions under time and cardinality limits. We observe that the third variant is particularly effective in finding a representative subset of the nondominated solutions under such limits.</p>","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"1138-1171"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205387","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A bi-objective optimization model to plan vaccination campaigns aided by temporary centers 临时中心辅助下疫苗接种计划的双目标优化模型
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2026-01-19 DOI: 10.1111/itor.70154
Fernando Montenegro-Dos Santos, Francisco Pérez-Galarce, Carlos A. Monardes-Concha, Sergio Cruz-Zárate, Alfredo Candia-Véjar
{"title":"A bi-objective optimization model to plan vaccination campaigns aided by temporary centers","authors":"Fernando Montenegro-Dos Santos,&nbsp;Francisco Pérez-Galarce,&nbsp;Carlos A. Monardes-Concha,&nbsp;Sergio Cruz-Zárate,&nbsp;Alfredo Candia-Véjar","doi":"10.1111/itor.70154","DOIUrl":"https://doi.org/10.1111/itor.70154","url":null,"abstract":"<p>Vaccination campaigns have saved thousands of lives and reached even the world's most remote areas. However, the COVID-19 pandemic significantly changed the strategies for such campaigns. It is now crucial to rigorously consider new factors when planning the operational aspects of these campaigns, particularly for last-mile vaccine dispensing. First, a large share of the population must be vaccinated, with emphasis on vulnerable groups at higher risk. Second, if the virus is highly contagious and capable of asymptomatic transmission, implementing public health measures at vaccination sites becomes paramount. To address these challenges, we propose a bi-objective optimization model to support healthcare decision-making. It defines a schedule for locating temporary vaccination centers and assigning populations to permanent and temporary sites over a planning horizon. Moreover, we formalize and validate a minimum set of properties for a function-based prioritization mechanism to ensure consistent prioritization. One objective prioritizes vaccinating vulnerable groups according to our novel function-based approach, while the other minimizes the operational costs of temporary centers. In the complex environment of a pandemic, the strategic integration and use of temporary and permanent vaccination centers is vital for creating a robust and responsive vaccination strategy. Temporary centers, whose locations are determined by the model, improve access for hard-to-reach groups, contribute to minimizing crowding at permanent sites, and lower infection risks. Our results, demonstrated through a case study, show that the model effectively allocates resources and generates various vaccination plans that cater to different priority levels assigned to each objective, thereby offering valuable decision support.</p>","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"1003-1039"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206144","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
From airplanes to classrooms: A cross-domain literature review of seating assignment models and methods 从飞机到教室:座位分配模型和方法的跨领域文献综述
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2026-01-18 DOI: 10.1111/itor.70153
Miles Compani, Golshan Madraki, R. John Milne
{"title":"From airplanes to classrooms: A cross-domain literature review of seating assignment models and methods","authors":"Miles Compani,&nbsp;Golshan Madraki,&nbsp;R. John Milne","doi":"10.1111/itor.70153","DOIUrl":"https://doi.org/10.1111/itor.70153","url":null,"abstract":"<p>Seating assignments play an important role in customer-focused managerial decisions, yet existing studies are frequently limited in scope to isolated application domains. This paper addresses this fragmentation through the first systematic cross-domain seating assignment literature review, analyzing publications via bibliometric analysis and examining assignment methods (including optimization techniques) across transportation (airplanes and trains), dining establishments, entertainment venues, and classrooms. Co-citation analysis reveals that research communities operate in separate networks despite addressing similar challenges using mathematical programming, heuristic approaches, stochastic simulation, and other operational research methods. Our cross-domain synthesis identifies technique transfer opportunities previously invisible due to research silos, such as applying restaurant group-seating strategies to airline passengers traveling together or entertainment venue considerations to dining table assignments. The review concludes that limited real-world implementation stems partly from researchers' inability to access successful approaches from adjacent fields, highlighting opportunities to advance seating assignment methods through integrated frameworks.</p>","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"653-737"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Financing assistance and concession strategies of the transnational supply chain under liquidity shock 流动性冲击下跨国供应链的融资援助与让步策略
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2025-08-13 DOI: 10.1111/itor.70077
Kai Kang, Mengyu He
{"title":"Financing assistance and concession strategies of the transnational supply chain under liquidity shock","authors":"Kai Kang,&nbsp;Mengyu He","doi":"10.1111/itor.70077","DOIUrl":"https://doi.org/10.1111/itor.70077","url":null,"abstract":"<p>How to deal with financial distress caused by liquidity shocks has become an urgent problem for firms. We provide a framework on how to clarify the role of financing assistance and concession strategies in the context of transnational supply chains and aim to help managers understand how to choose strategies. With a small liquidity shock, the buyer provides financing assistance to the distressed supplier, resulting in a bailout effect. When the cross-effect of tax difference and vertical shareholding is large, buyer financing can hedge bankruptcy risk more effectively. With a large liquidity shock, the distressed supplier files for bankruptcy. When the reorganization cost is small or moderate, the distressed supplier reorganizes, and concession effect and bidirectional predation behavior occur in the reorganization process. When the reorganization cost is large, the distressed supplier goes into liquidation. The results provide suggestions for financing and bankruptcy decisions of firms under liquidity shock.</p>","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"1271-1305"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
How to optimise tournament draws: The case of the FIFA World Cup 如何优化比赛抽签:以世界杯为例
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2026-04-21 DOI: 10.1111/itor.70194
László Csató
{"title":"How to optimise tournament draws: The case of the FIFA World Cup","authors":"László Csató","doi":"10.1111/itor.70194","DOIUrl":"https://doi.org/10.1111/itor.70194","url":null,"abstract":"<p>The organisers of major sports competitions use different policies with respect to constraints in the group draw. Our paper aims to rationalise these choices by analysing the trade-off between attractiveness (the number of games played by teams from the same geographic zone) and fairness (the departure of the draw mechanism from a uniform distribution). A parametric optimisation model is formulated and applied to the 2018 and 2022 FIFA World Cup draws. A flaw of the draw procedure is identified: the pre-assignment of the host to a group unnecessarily increases the distortions. All Pareto efficient sets of draw constraints are determined via simulations. The proposed framework can be used to find the optimal draw rules and justify the non-uniformity of the draw procedure for the stakeholders.</p>","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"791-821"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/itor.70194","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206108","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
From divergence to convergence: How human–bot collaboration influences the evolution of collective knowledge in online knowledge communities 从分化到趋同:人机协作如何影响在线知识社区中集体知识的演化
IF 5.1 2区 管理学
Journal of the Association for Information Science and Technology Pub Date : 2026-10-17 Epub Date: 2026-10-07 DOI: 10.1002/asi.70123
Shuangyan Gao, Jiangnan Qiu, Fangfang Zhang, Jia Zhao
{"title":"From divergence to convergence: How human–bot collaboration influences the evolution of collective knowledge in online knowledge communities","authors":"Shuangyan Gao,&nbsp;Jiangnan Qiu,&nbsp;Fangfang Zhang,&nbsp;Jia Zhao","doi":"10.1002/asi.70123","DOIUrl":"https://doi.org/10.1002/asi.70123","url":null,"abstract":"<p>Human–bot collaborative knowledge building is increasingly prevalent in online knowledge communities (OKCs). However, it is unclear how human and bot individual activities and their collaboration influence different stages of collective knowledge evolution. Based on a dataset of 337,830 edit and talk records sampled from 200 randomly selected Wikipedia articles, we first conducted an exploratory analysis to examine how the frequency of human and bot activities and the “frequency–breadth–depth” of their collaboration patterns change across stages of collective knowledge evolution. Furthermore, we utilized a fixed-effect multinomial logistic model to assess the effects of these variables on the stages of collective knowledge evolution. The results indicate the distinct impacts of human/bot activities and human–bot collaboration patterns on idea generating, idea organizing, and intellectual convergence. The core findings include (1) human activities promote idea generating and organizing, whereas bot activities facilitate idea organizing; (2) human-led collaboration patterns enhance idea generating and organizing, while co-led collaboration patterns promote intellectual convergence. These findings contribute to information science and human–bot collaboration research, as well as guide platform design and community administration of OKCs. Specifically, we recommend the implementation of stagedependent bot deployment strategies and human–bot collaboration incentives that align with the stages of collective knowledge evolution.</p>","PeriodicalId":48810,"journal":{"name":"Journal of the Association for Information Science and Technology","volume":"77 11","pages":"1438-1456"},"PeriodicalIF":5.1,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205497","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The future of scholarly blogs: Scholarly bloggers' perspectives on long-term preservation 学术博客的未来:学术博客对长期保存的看法
IF 5.1 2区 管理学
Journal of the Association for Information Science and Technology Pub Date : 2026-10-17 Epub Date: 2026-10-07 DOI: 10.1002/asi.70126
Catharina Ochsner, Heinz Pampel
{"title":"The future of scholarly blogs: Scholarly bloggers' perspectives on long-term preservation","authors":"Catharina Ochsner,&nbsp;Heinz Pampel","doi":"10.1002/asi.70126","DOIUrl":"https://doi.org/10.1002/asi.70126","url":null,"abstract":"<p>Scholarly blogs are an important venue for scholarly communication; however, they are not yet integrated into the preservation workflows of digital research and information infrastructures, which places their long-term access at risk. By using Star and Ruhleder's (1996) dimensions of information infrastructure as a theoretical framework, in this study we investigate social and organizational factors that impact blog preservation and derive implications for the implementation of blogs into an information infrastructure. We conducted and qualitatively analyzed 13 semi-structured interviews with scholarly bloggers to identify bloggers' perceived challenges concerning blog preservation and their requirements for an information infrastructure tasked with preserving scholarly blogs. We found that participants named or indirectly described existing infrastructure institutions and their services that are already working toward preserving the scholarly record. The findings suggest extending the scope of existing infrastructure institutions to include scholarly blog preservation.</p>","PeriodicalId":48810,"journal":{"name":"Journal of the Association for Information Science and Technology","volume":"77 11","pages":"1457-1473"},"PeriodicalIF":5.1,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/asi.70126","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205434","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Reservation-based intersection scheduling using dynamic programming with dominance pruning 基于优势剪枝的动态规划预留交叉口调度
IF 3.5 4区 管理学
International Transactions in Operational Research Pub Date : 2026-10-17 Epub Date: 2026-06-30 DOI: 10.1111/itor.70223
Zhixia Li, Muting Ma, Mesut Yavuz
{"title":"Reservation-based intersection scheduling using dynamic programming with dominance pruning","authors":"Zhixia Li,&nbsp;Muting Ma,&nbsp;Mesut Yavuz","doi":"10.1111/itor.70223","DOIUrl":"https://doi.org/10.1111/itor.70223","url":null,"abstract":"&lt;p&gt;Scheduling connected and automated vehicles (CAVs) at reservation-based intersections faces a fundamental trade-off: existing methods sacrifice either optimality for computational efficiency or real-time applicability for optimal solutions. We bridge this gap by proposing a dynamic programming (DP) algorithm with dominance pruning (&lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;DP&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 &lt;annotation&gt;$rm{DP}^2$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt;) that simultaneously achieves optimal batch formation, polynomial-time complexity, and superior solution quality. &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;DP&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 &lt;annotation&gt;$rm{DP}^2$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; introduces a novel dominance rule that eliminates suboptimal child nodes by comparing analytically derived lower bounds, enabling batch-based processing of CAVs while guaranteeing optimality. Unlike existing approaches that assume predetermined batches or sacrifice optimality, &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;DP&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 &lt;annotation&gt;$rm{DP}^2$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; integrates optimal batching decisions directly into the scheduling algorithm. The proposed method achieves a substantial improvement over existing exact algorithms with &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mi&gt;O&lt;/mi&gt;\u0000 &lt;mo&gt;(&lt;/mo&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;n&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 &lt;mo&gt;)&lt;/mo&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt;$mathcal {O}(n^2)$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; worst-case and &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;mrow&gt;\u0000 &lt;mi&gt;Ω&lt;/mi&gt;\u0000 &lt;mo&gt;(&lt;/mo&gt;\u0000 &lt;mi&gt;n&lt;/mi&gt;\u0000 &lt;mo&gt;)&lt;/mo&gt;\u0000 &lt;/mrow&gt;\u0000 &lt;annotation&gt;$Omega (n)$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; best-case time complexity. Extensive experiments demonstrate that &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;DP&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 &lt;annotation&gt;$rm{DP}^2$&lt;/annotation&gt;\u0000 &lt;/semantics&gt;&lt;/math&gt; reduces computation time by 91% and 99% compared to a state-of-the-art DP algorithm and Gurobi solver, respectively, while consistently delivering superior performance in makespan, average delay, and maximum delay metrics across diverse traffic scenarios. Furthermore, &lt;span&gt;&lt;/span&gt;&lt;math&gt;\u0000 &lt;semantics&gt;\u0000 &lt;msup&gt;\u0000 &lt;mi&gt;DP&lt;/mi&gt;\u0000 &lt;mn&gt;2&lt;/mn&gt;\u0000 &lt;/msup&gt;\u0000 ","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"34 2","pages":"946-974"},"PeriodicalIF":3.5,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149206185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
ESG Reliability Post‐Paris Agreement: Evidence From S&P 500 Firms 《巴黎协定》后的ESG可靠性:来自标普500公司的证据
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2026-10-17 DOI: 10.1002/bse.71691
Noah Farhadi, Joseph F. Hair
{"title":"ESG Reliability Post‐Paris Agreement: Evidence From S&P 500 Firms","authors":"Noah Farhadi, Joseph F. Hair","doi":"10.1002/bse.71691","DOIUrl":"https://doi.org/10.1002/bse.71691","url":null,"abstract":"This research investigates whether the 2015 Paris Agreement has changed environmental, social, and governance (ESG) performance scores. We compiled a balanced panel of 392 S&amp;P 500 companies from 2010 to 2025 using Refinitiv data. The final dataset contained 6272 observations on the 10 ESG scores at the most detailed level possible. Based on stakeholder theory, interrupted time series analysis (ITSA) was applied to determine whether the intercorrelations among the ESG variables decreased post‐Paris. Moreover, in accordance with legitimacy theory, the reported ESG measures were examined using Benford's law. It was found that the uniformity of the last digits improved over time. Three robustness checks were carried out: (a) an out‐of‐sample ITSA with 293 STOXX‐listed companies, (b) a quadratic ITSA, and (c) placebo tests with different breakpoints. The evidence indicates (1) the downward trend became stronger in the period after the Paris Agreement and (2) the differentiation among ESG scores accelerated in a nonlinear manner. We conclude the reliability of ESG performance scores has increased over time, providing a more trustworthy foundation for stakeholders' decision‐making.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"21 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149198914","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Do Investors Follow Their Heart? The Role of Value Congruence in Guiding Investors' Decisions 投资者跟随自己的心吗?价值一致性在指导投资者决策中的作用
IF 13.4 1区 管理学
Business Strategy and The Environment Pub Date : 2026-10-17 DOI: 10.1002/bse.71694
Kristian Roed Nielsen, Meike Janssen, Emma Sjöström, Kristjan Jespersen
{"title":"Do Investors Follow Their Heart? The Role of Value Congruence in Guiding Investors' Decisions","authors":"Kristian Roed Nielsen, Meike Janssen, Emma Sjöström, Kristjan Jespersen","doi":"10.1002/bse.71694","DOIUrl":"https://doi.org/10.1002/bse.71694","url":null,"abstract":"Retail investors evaluating impact‐oriented opportunities must weigh economic, social, and environmental performance simultaneously, yet it remains unclear why they prioritize these dimensions so differently. We propose that personal values act as a weighting mechanism in multiattribute investment decisions. In a discrete choice experiment with 547 US retail investors, financial performance and risk dominate on average, but altruistic, biospheric, and egoistic values are each associated with greater weight on the corresponding performance dimension; attribute salience also varies across investment domains. Personal values thus help explain preference heterogeneity that demographic characteristics and cognitive biases alone leave unaccounted for.","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"2 1","pages":""},"PeriodicalIF":13.4,"publicationDate":"2026-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149198973","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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