Multicriteria Decision Making Under Uncertainty

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Multicriteria Decision-Making Under Conditions of Uncertainty

Author : Petr Ekel
Publisher : John Wiley & Sons
ISBN 13 : 1119534925
Total Pages : 368 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Multicriteria Decision-Making Under Conditions of Uncertainty by : Petr Ekel

Download or read book Multicriteria Decision-Making Under Conditions of Uncertainty written by Petr Ekel and published by John Wiley & Sons. This book was released on 2019-12-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the various models and methods to multicriteria decision-making in conditions of uncertainty presented in a systematic approach Multicriteria Decision-Making under Conditions of Uncertainty presents approaches that help to answer the fundamental questions at the center of all decision-making problems: "What to do?" and "How to do it?" The book explores methods of representing and handling diverse manifestations of the uncertainty factor and a multicriteria nature of problems that can arise in system design, planning, operation, and control. The authors—noted experts on the topic—and their book covers essential questions, including notions and fundamental concepts of fuzzy sets, models and methods of multiobjective as well as multiattribute decision-making, the classical approach to dealing with uncertainty of information and its generalization for analyzing multicriteria problems in condition of uncertainty, and more. This comprehensive book contains information on "harmonious solutions" in multiobjective problem-solving (analyzing “i>X, F> models), construction and analysis of “i>X, R/i” models, results aimed at generating robust solutions in analyzing multicriteria problems under uncertainty, and more. In addition, the book includes illustrative examples of various applications, including real-world case studies related to the authors’ various industrial projects. This important resource: Explains the design and processing aspect of fuzzy sets, including construction of membership functions, fuzzy numbers, fuzzy relations, aggregation operations, and fuzzy sets transformations Describes models of multiobjective decision-making (“i>X. M/i” models), their analysis on the basis of using the Bellman-Zadeh approach to decision-making in a fuzzy environment, and their diverse applications, including multicriteria allocation of resources Investigates models of multiattribute decision-making (“i>X, R/i” models) and their analysis on the basis of the construction and processing of fuzzy preference relations as well as demonstrating their applications to solve diverse classes of multiattribute problems Explores notions of payoff matrices and fuzzy-set-based generalization and modification of the classic approach to decision-making under conditions of uncertainty to generate robust solutions in analyzing multicriteria problems Written for students, researchers and practitioners in disciplines in which decision-making is of paramount relevance, Multicriteria Decision-Making under Conditions of Uncertainty presents a systematic and current approach that encompasses a range of models and methods as well as new applications.

Advances in Natural Computation, Fuzzy Systems and Knowledge Discovery

Author : Yong Liu
Publisher : Springer Nature
ISBN 13 : 3030325911
Total Pages : 1119 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Advances in Natural Computation, Fuzzy Systems and Knowledge Discovery by : Yong Liu

Download or read book Advances in Natural Computation, Fuzzy Systems and Knowledge Discovery written by Yong Liu and published by Springer Nature. This book was released on 2019-11-06 with total page 1119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the recent advances in natural computation, fuzzy systems and knowledge discovery. Presenting selected, peer-reviewed papers from the 15th International Conference on Natural Computation, Fuzzy Systems and Knowledge Discovery (ICNC-FSKD 2019), held in Kunming, China, from 20 to 22 July 2019, it is a useful resource for researchers, including professors and graduate students, as well as R&D staff in industry.

Multi-criteria Decision Making Methods

Author : Evangelos Triantaphyllou
Publisher : Springer Science & Business Media
ISBN 13 : 1475731574
Total Pages : 307 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Multi-criteria Decision Making Methods by : Evangelos Triantaphyllou

Download or read book Multi-criteria Decision Making Methods written by Evangelos Triantaphyllou and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multi-Criteria Decision Making (MCDM) has been one of the fastest growing problem areas in many disciplines. The central problem is how to evaluate a set of alternatives in terms of a number of criteria. Although this problem is very relevant in practice, there are few methods available and their quality is hard to determine. Thus, the question `Which is the best method for a given problem?' has become one of the most important and challenging ones. This is exactly what this book has as its focus and why it is important. The author extensively compares, both theoretically and empirically, real-life MCDM issues and makes the reader aware of quite a number of surprising `abnormalities' with some of these methods. What makes this book so valuable and different is that even though the analyses are rigorous, the results can be understood even by the non-specialist. Audience: Researchers, practitioners, and students; it can be used as a textbook for senior undergraduate or graduate courses in business and engineering.

Multicriteria Decision Making Under Uncertainty

Author : Horst A. Eiselt
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (77 download)

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Book Synopsis Multicriteria Decision Making Under Uncertainty by : Horst A. Eiselt

Download or read book Multicriteria Decision Making Under Uncertainty written by Horst A. Eiselt and published by . This book was released on 2010 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Decision Making Under Uncertainty

Author : Mykel J. Kochenderfer
Publisher : MIT Press
ISBN 13 : 0262331713
Total Pages : 350 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Decision Making Under Uncertainty by : Mykel J. Kochenderfer

Download or read book Decision Making Under Uncertainty written by Mykel J. Kochenderfer and published by MIT Press. This book was released on 2015-07-24 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to decision making under uncertainty from a computational perspective, covering both theory and applications ranging from speech recognition to airborne collision avoidance. Many important problems involve decision making under uncertainty—that is, choosing actions based on often imperfect observations, with unknown outcomes. Designers of automated decision support systems must take into account the various sources of uncertainty while balancing the multiple objectives of the system. This book provides an introduction to the challenges of decision making under uncertainty from a computational perspective. It presents both the theory behind decision making models and algorithms and a collection of example applications that range from speech recognition to aircraft collision avoidance. Focusing on two methods for designing decision agents, planning and reinforcement learning, the book covers probabilistic models, introducing Bayesian networks as a graphical model that captures probabilistic relationships between variables; utility theory as a framework for understanding optimal decision making under uncertainty; Markov decision processes as a method for modeling sequential problems; model uncertainty; state uncertainty; and cooperative decision making involving multiple interacting agents. A series of applications shows how the theoretical concepts can be applied to systems for attribute-based person search, speech applications, collision avoidance, and unmanned aircraft persistent surveillance. Decision Making Under Uncertainty unifies research from different communities using consistent notation, and is accessible to students and researchers across engineering disciplines who have some prior exposure to probability theory and calculus. It can be used as a text for advanced undergraduate and graduate students in fields including computer science, aerospace and electrical engineering, and management science. It will also be a valuable professional reference for researchers in a variety of disciplines.

Multicriteria Analysis

Author : Mahdi Zarghami
Publisher : Springer Science & Business Media
ISBN 13 : 3642179371
Total Pages : 167 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Multicriteria Analysis by : Mahdi Zarghami

Download or read book Multicriteria Analysis written by Mahdi Zarghami and published by Springer Science & Business Media. This book was released on 2011-05-27 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multicriteria analysis is one of the most important fields of decision science. This book gives an outline of the formulation of an appropriate model and presents a comprehensive summary of the most popular methods for solving multicriteria decision problems. In addition to the classical approach the book introduces fuzzy and stochastic methodology, models with uncertainty, social choice and conflict resolution. All methods are illustrated with easy to follow simple examples. At the end of each chapter detailed case studies are given in water and environment management including inter-basin water transfer, urban water management, water allocation, groundwater quality management, forest treatment, ranking water resources projects, reservoir planning, water distribution network design and long-term watershed management. The new methodology and the wide variety of case studies are not easily accessible elsewhere.

Uncertain Multi-Attribute Decision Making

Author : Zeshui Xu
Publisher : Springer
ISBN 13 : 3662456400
Total Pages : 375 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Uncertain Multi-Attribute Decision Making by : Zeshui Xu

Download or read book Uncertain Multi-Attribute Decision Making written by Zeshui Xu and published by Springer. This book was released on 2015-02-05 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces methods for uncertain multi-attribute decision making including uncertain multi-attribute group decision making and their applications to supply chain management, investment decision making, personnel assessment, redesigning products, maintenance services, military system efficiency evaluation. Multi-attribute decision making, also known as multi-objective decision making with finite alternatives, is an important component of modern decision science. The theory and methods of multi-attribute decision making have been extensively applied in engineering, economics, management and military contexts, such as venture capital project evaluation, facility location, bidding, development ranking of industrial sectors and so on. Over the last few decades, great attention has been paid to research on multi-attribute decision making in uncertain settings, due to the increasing complexity and uncertainty of supposedly objective aspects and the fuzziness of human thought. This book can be used as a reference guide for researchers and practitioners working in e.g. the fields of operations research, information science, management science and engineering. It can also be used as a textbook for postgraduate and senior undergraduate students.

Fuzzy Multicriteria Decision-Making

Author : Witold Pedrycz
Publisher : John Wiley & Sons
ISBN 13 : 1119957389
Total Pages : 328 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Fuzzy Multicriteria Decision-Making by : Witold Pedrycz

Download or read book Fuzzy Multicriteria Decision-Making written by Witold Pedrycz and published by John Wiley & Sons. This book was released on 2011-06-15 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fuzzy Multicriteria Decision-Making: Models, Algorithms and Applications addresses theoretical and practical gaps in considering uncertainty and multicriteria factors encountered in the design, planning, and control of complex systems. Including all prerequisite knowledge and augmenting some parts with a step-by-step explanation of more advanced concepts, the authors provide a systematic and comprehensive presentation of the concepts, design methodology, and detailed algorithms. These are supported by many numeric illustrations and a number of application scenarios to motivate the reader and make some abstract concepts more tangible. Fuzzy Multicriteria Decision-Making: Models, Algorithms and Applications will appeal to a wide audience of researchers and practitioners in disciplines where decision-making is paramount, including various branches of engineering, operations research, economics and management; it will also be of interest to graduate students and senior undergraduate students in courses such as decision making, management, risk management, operations research, numerical methods, and knowledge-based systems.

Simplified Approaches for Multi-criteria Decision Making Under Uncertainty

Author : Theodor J. Stewart
Publisher :
ISBN 13 :
Total Pages : 14 pages
Book Rating : 4.:/5 (328 download)

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Book Synopsis Simplified Approaches for Multi-criteria Decision Making Under Uncertainty by : Theodor J. Stewart

Download or read book Simplified Approaches for Multi-criteria Decision Making Under Uncertainty written by Theodor J. Stewart and published by . This book was released on 1993 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: "The problem of uncertainty in the outcome of decisions has tended to be glossed over by many MCDM methods, with the exception of multiattribute utility theory (MAUT). MAUT does, however, require quite complicated preference elicitations and knowledge of the full multivariate distribution of outcomes. We demonstrate in this paper, by means of a series of simulation studies, that the preference orderings of MAUT are only minimally changed when using a simple additive aggregation of marginal utilities, especially in relation to the natural imprecisions inherent in preference elicitation. It is shown in the simulations that by far the most critical aspect of multicriteria decision analysis under uncertainty is not the form of aggregation, but the correct elicitation of marginal utilities which properly represent decision maker preferences over gambles. We relate the results obtained here to other results on the approximation of distributions by 3- or 5-point discrete distributions, and suggest that the use of deterministic MCDM methods of any form (not necessarily value function techniques), applied to an extended formulation in which each criterion measure is repeated for 3 or 5 'scenarios', is well justifiable."

Multiple Criteria Decision Analysis

Author : Valerie Belton
Publisher : Springer Science & Business Media
ISBN 13 : 1461514959
Total Pages : 381 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Multiple Criteria Decision Analysis by : Valerie Belton

Download or read book Multiple Criteria Decision Analysis written by Valerie Belton and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: The field of multiple criteria decision analysis (MCDA), also termed multiple criteria decision aid, or multiple criteria decision making (MCDM), has developed rapidly over the past quarter century and in the process a number of divergent schools of thought have emerged. This can make it difficult for a new entrant into the field to develop a comprehensive appreciation of the range of tools and approaches which are available to assist decision makers in dealing with the ever-present difficulties of seeking compromise or consensus between conflicting inter ests and goals, i.e. the "multiple criteria". The diversity of philosophies and models makes it equally difficult for potential users of MCDA, i.e. management scientists and/or decision makers facing problems involving conflicting goals, to gain a clear understanding of which methodologies are appropriate to their particular context. Our intention in writing this book has been to provide a compre hensive yet widely accessible overview of the main streams of thought within MCDA. We aim to provide readers with sufficient awareness of the underlying philosophies and theories, understanding of the practi cal details of the methods, and insight into practice to enable them to implement any of the approaches in an informed manner. As the title of the book indicates, our emphasis is on developing an integrated view of MCDA, which we perceive to incorporate both integration of differ ent schools of thought within MCDA, and integration of MCDA with broader management theory, science and practice.

Guidebook for Supporting Decision Making Under Uncertainties

Author : Ettore Piccirillo
Publisher : World Scientific
ISBN 13 : 9812708030
Total Pages : 159 pages
Book Rating : 4.8/5 (127 download)

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Book Synopsis Guidebook for Supporting Decision Making Under Uncertainties by : Ettore Piccirillo

Download or read book Guidebook for Supporting Decision Making Under Uncertainties written by Ettore Piccirillo and published by World Scientific. This book was released on 2008 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Inside Ring is the first novel in Mike Lawson’s critically acclaimed series of political thriller starring Joe DeMarco, fixer for the Speaker of the House. It opens with an assassination attempt on the president. He is only wounded, but his best friend and a Secret Service Agent are killed. It turns out that the attack wasn't without warning. General Andrew Banks, the Secretary of Homeland Security, received a note that the president was in danger, and even more alarming, that Secret Service agents guarding the president had been compromised. General Banks is reluctant to tell the FBI about the note, partly for self-serving political reasons, and partly because he doesn’t want to damage the Secret Service’s reputation based on something that might very well be a hoax. So he requests help from his friend, Speaker Mahoney, and Mahoney assigns his man DeMarco to determine if the Secret Service was really involved. Moving at a breakneck pace, and packed with plenty of humor and suspense, The Inside Ring is a must-read for fans of political thrillers.

Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering

Author : Ilker Ozsahin
Publisher : Academic Press
ISBN 13 : 0128240873
Total Pages : 334 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering by : Ilker Ozsahin

Download or read book Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering written by Ilker Ozsahin and published by Academic Press. This book was released on 2021-03-25 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applications of Multi-Criteria Decision-Making Theories in Healthcare and Biomedical Engineering contains several practical applications on how decision-making theory could be used in solving problems relating to the selection of best alternatives. The book focuses on assisting decision-makers (government, organizations, companies, general public, etc.) in making the best and most appropriate decision when confronted with multiple alternatives. The purpose of the analytical MCDM techniques is to support decision makers under uncertainty and conflicting criteria while making logical decisions. The knowledge of the alternatives of the real-life problems, properties of their parameters, and the priority given to the parameters have a great effect on consequences in decision-making. In this book, the application of MCDM has been provided for the real-life problems in health and biomedical engineering issues. Provides a comprehensive analysis and application multi-criteria decision-making methods Presents detail information about MCDM and their usage Covers state-of-the-art MCDM methods and offers applications of MCDM for health and biomedical engineering purposes

Fuzzy Multi-Criteria Decision Making

Author : Cengiz Kahraman
Publisher : Springer Science & Business Media
ISBN 13 : 0387768130
Total Pages : 591 pages
Book Rating : 4.3/5 (877 download)

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Book Synopsis Fuzzy Multi-Criteria Decision Making by : Cengiz Kahraman

Download or read book Fuzzy Multi-Criteria Decision Making written by Cengiz Kahraman and published by Springer Science & Business Media. This book was released on 2008-08-09 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work examines all the fuzzy multicriteria methods recently developed, such as fuzzy AHP, fuzzy TOPSIS, interactive fuzzy multiobjective stochastic linear programming, fuzzy multiobjective dynamic programming, grey fuzzy multiobjective optimization, fuzzy multiobjective geometric programming, and more. Each of the 22 chapters includes practical applications along with new developments/results. This book may be used as a textbook in graduate operations research, industrial engineering, and economics courses. It will also be an excellent resource, providing new suggestions and directions for further research, for computer programmers, mathematicians, and scientists in a variety of disciplines where multicriteria decision making is needed.

Multiple Criteria Decision Making

Author : Anand J. Kulkarni
Publisher : Springer
ISBN 13 : 9789811674167
Total Pages : 0 pages
Book Rating : 4.6/5 (741 download)

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Book Synopsis Multiple Criteria Decision Making by : Anand J. Kulkarni

Download or read book Multiple Criteria Decision Making written by Anand J. Kulkarni and published by Springer. This book was released on 2023-02-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book discusses state-of-the-art applications and methodologies of the Multiple Criteria Decision Making (MCDM) techniques and approaches. The book focuses on critical literature, underlying principles of methods and models, solution approaches, testing and validation, real-world applications, case studies, etc. The book helps evaluate strategic decision-making through advanced MCDM and integrated approaches of AI, big data, and IoT to provide realistic and robust solutions to the current problems. The book will be a guideline to the potential MCDM researchers about the choice of approaches for dealing with the complexities and modalities. The contributions of the book help readers to explore new avenues leading towards multidisciplinary research discussions. This book will be interesting for engineers, scientists, and students studying/working in the related areas.

The Treatment of Uncertainty in Multicriteria Decision Making

Author : Ian Durbach
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.:/5 (525 download)

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Book Synopsis The Treatment of Uncertainty in Multicriteria Decision Making by : Ian Durbach

Download or read book The Treatment of Uncertainty in Multicriteria Decision Making written by Ian Durbach and published by . This book was released on 2003 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multi-Criteria Decision Making in Maritime Studies and Logistics

Author : Paul Tae-Woo Lee
Publisher : Springer
ISBN 13 : 3319623389
Total Pages : 374 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Multi-Criteria Decision Making in Maritime Studies and Logistics by : Paul Tae-Woo Lee

Download or read book Multi-Criteria Decision Making in Maritime Studies and Logistics written by Paul Tae-Woo Lee and published by Springer. This book was released on 2017-10-24 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes a wide range real-case applications of Multi-Criteria Decision Making (MCDM) in maritime related subjects including shipping, port, maritime logistics, cruise ports, waterfront developments, and shipping finance, etc. In such areas, researchers, students and industrialists, in general, felt struggling to find a step-by-step guide on how to apply MCDM to formulate effective solutions to solving real problems in practice. This book focuses on the in-depth analysis and applications of the most well-known MDCM methodologies in the aforementioned areas. It brings together an eclectic collection of twelve chapters which seek to respond to these challenges. The book begins with an introduction and is followed by an overview of major MCDM techniques. The next chapter examines the theory of analytic hierarchy process (AHP) in detail and investigates a fuzzy AHP (FAHP) approach and its capability and rationale in dealing with decision problems of ambiguous information. Chapter 4 proposes a generic methodology to identify the key factors influencing green shipping and to establish an evaluation system for the assessment of shipping greenness. In Chapter 5, the authors describe a new function of fuzzy Evidential Reasoning (ER) to improve the vessel selection process in which multiple criteria with insufficient and ambiguous information are evaluated and synthesized. Chapter 6 presents a novel methodology by using an Artificial Potential Field (APF) model and the ER approach to estimate the collision probabilities of monitoring targets for coastal radar surveillance. Chapter 7 develops the inland port performance assessment model (IPPAM) using a hybrid of AHP, ER and a utility function. The next chapter showcases a challenging approach to address the risk and uncertainty in LNG transfer operations, by utilizing a Stochastic Utility Additives (UTA) method with the help of the philosophy of aggregation–disaggregation coupled with a robustness control procedure. Chapter 9 uses Entropy and Grey Relation Analysis (GRA) to analyze the relative weights of financial ratios through the case studies of the four major shipping companies in Korea and Taiwan: Evergreen, Yang Ming, Hanjin and Hyundai Merchant Marine. Chapter 10 systemically applies modern heuristics to solving MCDM problems in the fields of operation optimisation in container terminals. Arguing that bunkering port selection is typically a multi-criteria group decision problem, and in many practical situations, decision makers cannot form proper judgments using incomplete and uncertain information in an environment with exact and crisp values, in Chapter 11, the authors propose a hybrid Fuzzy-Delphi-TOPSIS based methodology with a sensitivity analysis. Finally, Chapter 12deals with a new conceptual port performance indicators (PPIs) interdependency model using a hybrid approach of a fuzzy logic based evidential reasoning (FER) and a decision making trial and evaluation laboratory (DEMATEL).

Research and Practice in Multiple Criteria Decision Making

Author : Yacov Y. Haimes
Publisher : Springer Science & Business Media
ISBN 13 : 3642573118
Total Pages : 574 pages
Book Rating : 4.6/5 (425 download)

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Book Synopsis Research and Practice in Multiple Criteria Decision Making by : Yacov Y. Haimes

Download or read book Research and Practice in Multiple Criteria Decision Making written by Yacov Y. Haimes and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past two decades, the consideration of mUltiple objectives in modeling and decision making has grown by leaps and bounds. The nineties in particular have seen the emphasis shift from the dominance of single-objective modeling and optimization toward an emphasis on multiple objectives. The proceedings of this Conference epitomize these evolutionary changes and contribute to the important role that the tield of multiple criteria decision making (MCDM) now plays in planning, design, operational, management, and policy decisions. Of special interest are the contributions of MCDM to manufacturing engineering. For example, it has recently been recognized that optimal, single-objective solutions have often been pursued at the expense of the much broader applicability of designs and solutions that satisfy multiple objectives. In particular, the theme (MCDM and Its Worldwide Role in Risk-Based Decision Making) of the XIVth International Conference on Multiple Criteria Decision Making (Charlottesville, Virginia, USA, June 8-12, 1998) represents the growing importance of risk-cost-benefit analysis in decision making and in engineering design and manufacturing. In such systems, minimizing the of rare and extreme events emerges as an essential objective that risk complements the minimization of the traditional expected value of risk, along with the objectives attached to cost and performance. These proceedings include forty-five papers that were presented at the Conference. A variety of techniques have been proposed for solving multiple criteria decision-making problems. The emphasis and style of the different techniques largely reflect the fields of expertise of their developers.