Portfolio selection: a fuzzy-ANP approach

Financial Innovation

Table 2 Related work

No.	Author	Year	Criteria Development	MCDM Techniques	Fuzzy	Case Study	Developing Country
1	Huang	2006	×	×	√	√	√
2	Bilbao-Terol et al.	2006	×	×	√	√	×
3	Carlsson et al.	2007	×	×	√	√	×
4	Fernández and Gómez	2007	×	×	×	√	×
5	DeMiguel and Nogales	2009	×	×	×	√	×
6	Li et al.	2010	×	×	×	√	√
7	Li et al.	2015a, b	×	×	×	√	√
8	Jeng and Huang	2015	√	√	×	√	√
9	Davies et al.	2016	×	×	×	√	×
10	Saborido et al.	2016	×	×	√	√	×
11	Calvo et al.	2016	×	√	√	√	×
12	Mashayekhi and Omrani	2016	√	×	√	√	√
13	Berutich et al.	2016	×	×	×	√	×
14	Mehlawat	2016	×	×	√	√	√
15	Huang and Di	2016	×	×	×	√	√
16	Low et al.	2016	×	×	×	√	×
17	Kalashnikov et al.	2017	×	×	×	√	√
18	Nystrup et al.	2018	×	×	×	√	×
19	Zhou and Xu	2018	√	×	√	√	√
20	The present research	2020	√	√	√	√	√