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In recent years there has been a significant acceleration in the market growth of social impact investing. Policy makers, regulatory bodies and national decision-makers should base their decision-making processes on multiple criteria. These criteria are, by nature, imprecise, ambiguous and uncertain. The purpose of this paper is to provide decision-makers with a mathematical tool which aids them in their decision-making processes identifying the degree of appropriateness of less developed countries in terms of potential success of investment in vaccination campaigns.

In this work, the authors have developed a decision-making tool within the framework of multiple criteria decision making and Fuzzy Logic, which aims to aid decision-makers for vaccinations campaigns in less developed countries. In particular, the authors have proposed a Technique for Order Preference by Similarity to Ideal Solution-based method which is able to work in fuzzy environment in order to assess and rank countries based on their fuzzy degree of appropriateness for impact investing in vaccines.

The impact investing market provides capital from private sources to address many pressing global challenges such as access to basic services as health. Governments have, therefore, an essential role in supporting the development of this market by improving the risk/return profile of investments through access to credit facilities, tax credits or subsidies or defining the regulation of the supply of investments, provision of technical assistance to investing private companies and co-financing. The proposed framework permits funding decision making taking into account the degree of preparedness and adequacy for impact investing in vaccines of the selected countries.

Impact investing can play a key role in the reduction of immunization gap offering suitable strategies for both, governments and private investors for the achievement of United Nations Sustainable Development Goals (SDGs). However, in order to make good financial decisions managers should take into account not only health, income, education and other social criteria but also the degree of basic preparedness of the countries in order to ensure the success of the immunization campaigns which means taking into account availability of basic infrastructures, access to electricity, political stability among other criteria.

However, in order to make good financial decisions managers should take into account not only health, income, education and other social criteria but also the degree of basic preparedness of the countries in order to ensure the success of the immunization campaigns which means taking into account availability of basic infrastructures, access to electricity, political stability among other criteria.

The proposed model will allow public and private decision makers to make better investment decisions in terms of effectiveness as the provided ranking of countries candidates for the investments is more realistic and takes into account more decision dimensions.

In the last years, the use of free-online instructional videos has gained popularity among educators and students. Its success is mainly based on the provision of fast and inexpensive access to educational contents which can be consulted at the own convenience of students, all over the world. Free-online platforms as YouTube offer access to more than ten million instructional videos. The purpose of this paper is to assess and rank the educational quality of free-online instructional videos from a multidimensional perspective.

In this paper, the authors propose a MCDM approach based on a compromise ranking method, VIKOR. The approach integrates a normalization process which is especially suitable for situations where the nature of the different decision-making criteria is such that it does not allow homogeneous aggregation.

With the proposed normalization approach, the initial valuations of the alternatives with respect to the criteria are transformed in order to reflect their similarity with a given reference point (ideal solution). The normalized data are then integrated in a VIKOR-based framework in order to obtain those mathematical videos closer to the ideal video from the instructors’ perspective.

The ranking of instructional videos based on their quality from an educational multidimensional perspective is a good example of a real decision-making problem where the nature of the criteria, qualitative and quantitative, implies heterogeneous data. The proposed IS-VIKOR approach overcomes some of the problems inherent to this real decision-making problem.

This study aims to deal with a project portfolio selection problem aiming to maximize the net present value of the project portfolio and minimize the resource usage variation between successive time periods.

A bi-objective mixed integer programming model is presented under resource constraints. The parameters related to outlays and net cash flows of existing and new projects are considered to be uncertain. An augmented ε-constraint (AUGMECON) method is used to solve the proposed model, and a fuzzy approach is used to find the most preferred Pareto-optimal solutions among those generated by AUGMECON method. The effectiveness of the proposed solution method is compared with three other multi-objective optimization methods. Finally, some sensitivity analyses are performed to assess the effect of changing a number of parameters on the values of objective functions.

The proposed approach helps corporations make optimal decisions for rebalancing their project portfolio, through launching some new candidate projects and upgrading some of the existing projects.

A novel bi-objective optimization model is proposed for designing a project portfolio problem under budget constraints and profit risk controls. Two types of projects including existing and new projects are considered in the problem. Minimization of resource usage variation between successive periods is considered in the model as one objective function. An AUGMECON method is used to solve the proposed bi-objective mathematical model. A fuzzy approach is applied to find the best Pareto-optimal solutions of AUGMECON method. Results of the proposed solution approach are compared with three other multi-objective decision-making methods in different numerical examples.