Decision making management in capital markets of transition economies
Abstract
The main purpose of this article was to find a reasoned ground for decision making management in capital markets of transition economics, on the case of stock markets of Lithuania, Estonia, Russia and Poland. As the key instrument for decision making management was suggested a method, called "adequate for investment return guarantee assessment portfolio", allowing not only to measure stock portfolio's likely returns and risks, but also accomplish a selection of guarantee of likely investment returns, i.e. wanted probability, that investment return will be not smaller than a subjectively selected value. Therewith, adequate portfolio construction and solution methods will Be presented*.