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Landslides are common and frequent geomorphic phenomena for the plateau regions in Romania having important consequences, especially economic ones, that needs designing scientific and technical plans for landslide risk mitigation. For this, an important preliminary step is assessing and mapping...
Persistent link: https://www.econbiz.de/10014117836
In this paper we present a case study demonstrating how dynamic and uncertain criteria can be incorporated into a multi-criteria analysis with the help of discrete event simulation. The simulation guided multicriteria analysis can include both monetary and nonmonetary criteria that are static or...
Persistent link: https://www.econbiz.de/10014119781
Company managers in generic pharmaceutical industries routinely face the challenge of selecting their downstream supply associates to reach their clients most profitably. These suppliers in the downlink to their client entities must satisfy the given performance criteria. This paper shortlists...
Persistent link: https://www.econbiz.de/10014121454
The paper reports the results of three stated preference surveys in urban-rural areas in Northern England. The objective is that of valuing the economic benefits from traffic calming schemes in two areas with different traffic problems from stated preference observations. Both choice-experiments...
Persistent link: https://www.econbiz.de/10014122384
In this paper we introduce a quasi-concave nonlinear multiple attribute utility function (MAUF) to rank multiple criteria alternatives. We demonstrate that the quasi-concave MAUF (QCMAUF) is more general and flexible than additive, multiplicative, and multilinear MAUFs. New definitions of...
Persistent link: https://www.econbiz.de/10014122769
Z Utility Theory refers to a class of nonlinear utility functions for solving Risk and Multiple Criteria Decision-Making problems. Z utility functions are hybrids of additive and nonadditive (nonlinear) functions. This paper addresses the concepts and assessment methods for the additive part of...
Persistent link: https://www.econbiz.de/10014122770
A number of recent articles argue that the 'problem of Bachet' - the problem of finding the most efficient set of weights - can shed light on the problem of finding the optimal denominational structure of a series of coins and bank notes. This note argues that the two problems differ in nature,...
Persistent link: https://www.econbiz.de/10014123074
Decision problems, which include multi criteria that are conflicting and take both qualitative and quantitative values, multi-criteria decision-making approaches are effective for process modeling and achieving a solution. Decision process which has more than one decision maker is called group...
Persistent link: https://www.econbiz.de/10014123109
In new conditions an institution for successful work needs optimization of control, adaption of existing mathematical tools and development of new aspects. In the article it is suggested viewing the activities of higher educational institutions as production activities and higher educational...
Persistent link: https://www.econbiz.de/10014125103
We describe a new method — what we call booster draft mechanisms — for allocating multiple, indivisible objects among a group of individuals: Individuals take turns drawing objects from different sets — called boosters — and simply need to identify their favorite object when it’s their...
Persistent link: https://www.econbiz.de/10014077262