{"id":"https://openalex.org/W3208748616","doi":"https://doi.org/10.3233/faia210244","title":"Investments in Times of Pandemics: An Approach by the SAPEVO-M-NC Method","display_name":"Investments in Times of Pandemics: An Approach by the SAPEVO-M-NC Method","publication_year":2021,"publication_date":"2021-10-29","ids":{"openalex":"https://openalex.org/W3208748616","doi":"https://doi.org/10.3233/faia210244","mag":"3208748616"},"language":"en","primary_location":{"id":"doi:10.3233/faia210244","is_oa":true,"landing_page_url":"https://doi.org/10.3233/faia210244","pdf_url":"https://ebooks.iospress.nl/pdf/doi/10.3233/FAIA210244","source":{"id":"https://openalex.org/S4210201731","display_name":"Frontiers in artificial intelligence and applications","issn_l":"0922-6389","issn":["0922-6389","1879-8314"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Frontiers in Artificial Intelligence and Applications","raw_type":"book-chapter"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://ebooks.iospress.nl/pdf/doi/10.3233/FAIA210244","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5044528662","display_name":"S\u00e9rgio Mitihiro do Nascimento Ma\u00eada","orcid":"https://orcid.org/0000-0001-9995-2658"},"institutions":[{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]},{"id":"https://openalex.org/I161127581","display_name":"Universidade Federal Fluminense","ror":"https://ror.org/02rjhbb08","country_code":"BR","type":"education","lineage":["https://openalex.org/I161127581"]}],"countries":["BR"],"is_corresponding":true,"raw_author_name":"S\u00e9rgio Mitihiro do Nascimento Ma\u00eada","raw_affiliation_strings":["Federal Fluminense University, Brazil","Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Federal Fluminense University, Brazil","institution_ids":["https://openalex.org/I161127581"]},{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5028784202","display_name":"M\u00e1rcio Pereira Bas\u00edlio","orcid":"https://orcid.org/0000-0002-9453-741X"},"institutions":[{"id":"https://openalex.org/I4210131018","display_name":"Hospital Central da Pol\u00edcia Militar","ror":"https://ror.org/02ycbp592","country_code":"BR","type":"healthcare","lineage":["https://openalex.org/I4210131018"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Marcio Pereira Bas\u00edlio","raw_affiliation_strings":["Military Police of the State of Rio de Janeiro, Brazil"],"affiliations":[{"raw_affiliation_string":"Military Police of the State of Rio de Janeiro, Brazil","institution_ids":["https://openalex.org/I4210131018"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5000117859","display_name":"Igor P\u0131nhe\u0131ro de Ara\u00fajo Costa","orcid":"https://orcid.org/0000-0001-9892-6327"},"institutions":[{"id":"https://openalex.org/I161127581","display_name":"Universidade Federal Fluminense","ror":"https://ror.org/02rjhbb08","country_code":"BR","type":"education","lineage":["https://openalex.org/I161127581"]},{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Igor Pinheiro de Ara\u00fajo Costa","raw_affiliation_strings":["Federal Fluminense University, Brazil","Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Federal Fluminense University, Brazil","institution_ids":["https://openalex.org/I161127581"]},{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5060681422","display_name":"Miguel \u00c2ngelo Lellis Moreira","orcid":"https://orcid.org/0000-0002-5179-1047"},"institutions":[{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]},{"id":"https://openalex.org/I161127581","display_name":"Universidade Federal Fluminense","ror":"https://ror.org/02rjhbb08","country_code":"BR","type":"education","lineage":["https://openalex.org/I161127581"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Miguel \u00c2ngelo Lellis Moreira","raw_affiliation_strings":["Federal Fluminense University, Brazil","Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Federal Fluminense University, Brazil","institution_ids":["https://openalex.org/I161127581"]},{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5052816913","display_name":"Marcos dos Santos","orcid":"https://orcid.org/0000-0003-1533-5535"},"institutions":[{"id":"https://openalex.org/I41870","display_name":"Military Institute of Engineering","ror":"https://ror.org/03veakt65","country_code":"BR","type":"education","lineage":["https://openalex.org/I41870"]},{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Marcos dos Santos","raw_affiliation_strings":["Military Institute of Engineering, Brazil","Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Military Institute of Engineering, Brazil","institution_ids":["https://openalex.org/I41870"]},{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5076661347","display_name":"Carlos Franc\u0131sco S\u0131m\u00f5es Gomes","orcid":"https://orcid.org/0000-0002-6865-0275"},"institutions":[{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Carlos Francisco Sim\u00f5es Gomes","raw_affiliation_strings":["Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5042166858","display_name":"Isaque David Pereira de Almeida","orcid":"https://orcid.org/0000-0002-7252-0588"},"institutions":[{"id":"https://openalex.org/I161127581","display_name":"Universidade Federal Fluminense","ror":"https://ror.org/02rjhbb08","country_code":"BR","type":"education","lineage":["https://openalex.org/I161127581"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Isaque David Pereira de Almeida","raw_affiliation_strings":["Federal Fluminense University, Brazil"],"affiliations":[{"raw_affiliation_string":"Federal Fluminense University, Brazil","institution_ids":["https://openalex.org/I161127581"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5073570404","display_name":"Arthur Pinheiro de Ara\u00fajo Costa","orcid":"https://orcid.org/0000-0003-4596-0649"},"institutions":[{"id":"https://openalex.org/I2941883833","display_name":"Brazilian Naval School","ror":"https://ror.org/00gq58w69","country_code":"BR","type":"education","lineage":["https://openalex.org/I2941883833"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Arthur Pinheiro de Ara\u00fajo Costa","raw_affiliation_strings":["Naval Systems Analysis Center, Brazil"],"affiliations":[{"raw_affiliation_string":"Naval Systems Analysis Center, Brazil","institution_ids":["https://openalex.org/I2941883833"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":8,"corresponding_author_ids":["https://openalex.org/A5044528662"],"corresponding_institution_ids":["https://openalex.org/I161127581","https://openalex.org/I2941883833"],"apc_list":null,"apc_paid":null,"fwci":51.8284,"has_fulltext":true,"cited_by_count":58,"citation_normalized_percentile":{"value":0.99827883,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":100},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11530","display_name":"Business and Management Studies","score":0.5705999732017517,"subfield":{"id":"https://openalex.org/subfields/1802","display_name":"Information Systems and Management"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11530","display_name":"Business and Management Studies","score":0.5705999732017517,"subfield":{"id":"https://openalex.org/subfields/1802","display_name":"Information Systems and Management"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.7280260324478149},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.5955642461776733},{"id":"https://openalex.org/keywords/financial-market","display_name":"Financial market","score":0.49337783455848694},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.44471973180770874},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.43813759088516235},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.43803900480270386},{"id":"https://openalex.org/keywords/distribution","display_name":"Distribution (mathematics)","score":0.43207135796546936},{"id":"https://openalex.org/keywords/work","display_name":"Work (physics)","score":0.4252455234527588},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4144143760204315},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.33003878593444824},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.12362897396087646},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.07997572422027588}],"concepts":[{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.7280260324478149},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.5955642461776733},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.49337783455848694},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.44471973180770874},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.43813759088516235},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.43803900480270386},{"id":"https://openalex.org/C110121322","wikidata":"https://www.wikidata.org/wiki/Q865811","display_name":"Distribution (mathematics)","level":2,"score":0.43207135796546936},{"id":"https://openalex.org/C18762648","wikidata":"https://www.wikidata.org/wiki/Q42213","display_name":"Work (physics)","level":2,"score":0.4252455234527588},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4144143760204315},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.33003878593444824},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12362897396087646},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.07997572422027588},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.3233/faia210244","is_oa":true,"landing_page_url":"https://doi.org/10.3233/faia210244","pdf_url":"https://ebooks.iospress.nl/pdf/doi/10.3233/FAIA210244","source":{"id":"https://openalex.org/S4210201731","display_name":"Frontiers in artificial intelligence and applications","issn_l":"0922-6389","issn":["0922-6389","1879-8314"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Frontiers in Artificial Intelligence and Applications","raw_type":"book-chapter"}],"best_oa_location":{"id":"doi:10.3233/faia210244","is_oa":true,"landing_page_url":"https://doi.org/10.3233/faia210244","pdf_url":"https://ebooks.iospress.nl/pdf/doi/10.3233/FAIA210244","source":{"id":"https://openalex.org/S4210201731","display_name":"Frontiers in artificial intelligence and applications","issn_l":"0922-6389","issn":["0922-6389","1879-8314"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Frontiers in Artificial Intelligence and Applications","raw_type":"book-chapter"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/3","score":0.5600000023841858,"display_name":"Good health and well-being"}],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3208748616.pdf","grobid_xml":"https://content.openalex.org/works/W3208748616.grobid-xml"},"referenced_works_count":10,"referenced_works":["https://openalex.org/W989400520","https://openalex.org/W1012168249","https://openalex.org/W2925935248","https://openalex.org/W3048392941","https://openalex.org/W3080237617","https://openalex.org/W3087438958","https://openalex.org/W3095394903","https://openalex.org/W3110712162","https://openalex.org/W3135660114","https://openalex.org/W3143772478"],"related_works":["https://openalex.org/W2291973775","https://openalex.org/W3201861680","https://openalex.org/W2044090075","https://openalex.org/W2996452312","https://openalex.org/W2172176281","https://openalex.org/W2768197547","https://openalex.org/W2326995271","https://openalex.org/W4286620652","https://openalex.org/W2000491696","https://openalex.org/W2392378997"],"abstract_inverted_index":{"The":[0,124],"consequences":[1],"of":[2,15,75,90,126,137],"the":[3,7,11,16,52,59,63,66,88,99,103,113,121,127,135,138,154],"pandemic":[4],"caused":[5],"by":[6,93],"new":[8],"coronavirus":[9],"in":[10,62,87,98,120,140],"most":[12],"diverse":[13],"sectors":[14],"Brazilian":[17],"economy,":[18],"are":[19,24,31],"overwhelming,":[20],"and":[21,50,143],"its":[22],"effects":[23],"still":[25],"difficult":[26],"to":[27,46,71,111,132],"measure":[28],"completely.":[29],"There":[30],"several":[32],"possible":[33,131],"scenarios":[34],"being":[35],"considered,":[36],"such":[37,47],"as":[38,115,117,148],"prolonged":[39],"depression,":[40],"\u201cU\u201d":[41],"or":[42],"\u201cV\u201d":[43],"recovery.":[44],"Due":[45],"volatility,":[48],"risks":[49],"uncertainties,":[51],"investor,":[53],"before":[54],"investing,":[55],"must":[56],"carefully":[57],"analyze":[58],"alternatives":[60],"available":[61],"market.":[64,101],"Given":[65],"above,":[67],"this":[68],"article":[69],"aims":[70],"propose":[72],"different":[73],"ways":[74],"distributing":[76],"a":[77,141],"financial":[78,100],"portfolio,":[79],"considering":[80],"five":[81,91],"investment":[82,122],"funds,":[83],"which":[84],"were":[85],"evaluated":[86],"light":[89],"criteria,":[92],"two":[94],"investors":[95],"who":[96],"work":[97],"Therefore,":[102],"SAPEVO-M-NC":[104],"multicriteria":[105],"decision":[106],"aid":[107],"method":[108],"was":[109],"used":[110],"evaluate":[112],"alternatives,":[114],"well":[116],"their":[118],"composition":[119],"portfolios.":[123],"adoption":[125],"methodology":[128],"made":[129],"it":[130],"carry":[133],"out":[134],"distribution":[136],"portfolio":[139],"clear":[142],"consistent":[144],"way,":[145],"showing":[146],"itself":[147],"an":[149],"efficient":[150],"practical":[151],"tool":[152],"for":[153],"proposed":[155],"approach.":[156]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":8},{"year":2024,"cited_by_count":15},{"year":2023,"cited_by_count":16},{"year":2022,"cited_by_count":18}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
