Showing 1 - 10 of 691
One of the most important challenges for decision-makers and investors is location selection, which may be assessed … using multicriteria decision-making (MCDM) methodologies. Problems with picking a location include deciding between … multiple perspectives in terms of numerous competing criteria, MCDM approaches are useful instruments for solving decision …
Persistent link: https://www.econbiz.de/10014373765
application of entropy measures in real-world scenarios involving Multi-Criteria Decision-Making (MCDM). The findings underscore … entropy measure is an invaluable tool for making well-informed decisions when confronted with intricate decision …
Persistent link: https://www.econbiz.de/10014532597
It is essential to look at financial crises from both theoretical and practical aspects, as this is an old and recurring phenomenon. However, it is still unknown how to manage their formation. The article aims at assessing the influence of individuals' financial decisions on financial crisis...
Persistent link: https://www.econbiz.de/10012270701
The goal programming (GP) is a well-known approach applied to multi-criteria decision making (M-DM). It has been used … analogies between M-DM under certainty and scenario-based one-criterion decision making under uncertainty (1-DMU) have not been … hybrids for 1-DMU are formulated. They differ from each other in terms of the type of the decision maker considered (pessimist …
Persistent link: https://www.econbiz.de/10012388744
regarding the decision negotiated by the group, and the number of times that, when there was a match, the group maintained its … decision after voting. From an empirical evaluation with a hundred students that participated in the field study, the main … hypothesis of this research was confirmed, which is that the use of a pairwise comparison function adhering to a decision and …
Persistent link: https://www.econbiz.de/10012596671
There is a growing demand for public participation in environmental decision-making. However, it is unclear how a large … number of citizens can best engage in such complex public policy decision processes. This need from the civil society … challenges the OR community to develop online decision-making tools. This article reports on a feasibility assessment of swing …
Persistent link: https://www.econbiz.de/10012259407
decision-making under uncertainty in fuzzy environments. This study presents and compares a new definition of quartic fuzzy … multiple criteria decision-making. A comparison of the novel quartic fuzzy sets with the existing intuitionistic, Pythagorean …
Persistent link: https://www.econbiz.de/10014497303
This research addresses the challenges of multi-attribute group decision-making in a hesitant fuzzy environment, where … matrices for each decision expert. The maximum deviation and entropy methods determine objective weights for decision experts … and attribute indicators. Combining an improved scoring function and deviation function generates a comprehensive decision …
Persistent link: https://www.econbiz.de/10014520392
, we use case studies to demonstrate applications of these information measures. We describe two multiple-criteria decision … to illustrate how they can be applied to decision-making processes. …
Persistent link: https://www.econbiz.de/10015108044
Decision-making on real-world problems, including individual process decisions, requires an appropriate and reliable … decision support system. Fuzzy set theory, rough set theory, and neutrosophic set theory, which are MCDM techniques, are useful … for modeling complex decision-making problems with imprecise, ambiguous, or vague data.This Special Issue, "Multiple …
Persistent link: https://www.econbiz.de/10013259474