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Selecting Large Portfolios of Social Projects in Public Organizations

Author

Listed:
  • Igor Litvinchev
  • Fernando Lopez-Irarragorri
  • Nancy Maribel Arratia-Martínez
  • José Antonio Marmolejo

Abstract

We address the portfolio selection of social projects in public organizations considering interdependencies (synergies) affecting project funds requirements and tasks. A mixed integer linear programming model is proposed incorporating the most relevant aspects of the problem found in the literature. The model supports both complete (all or nothing) and partial (a certain amount from a given interval of funding) resource allocation policies. Numerical results for large-scale problem instances are presented.

Suggested Citation

  • Igor Litvinchev & Fernando Lopez-Irarragorri & Nancy Maribel Arratia-Martínez & José Antonio Marmolejo, 2014. "Selecting Large Portfolios of Social Projects in Public Organizations," Mathematical Problems in Engineering, Hindawi, vol. 2014, pages 1-9, April.
    • Handle: RePEc:hin:jnlmpe:654293
    DOI: 10.1155/2014/654293
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