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Author: Constantin Zopounidis
Publisher: Springer
ISBN: 3319392921
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
This book presents a broad range of innovative applications and case studies in all areas of management and engineering, including public administration, finance, marketing, engineering, transportation, and energy systems. It addresses issues related to problem structuring, preference modeling, and model construction, presenting a framework that provides clear decision-making support in practice. In addition, it includes hybrid and integrated techniques combining multiple criteria decision making (MCDM) with other analytical methods. The book reflects the growing impact of MCDM in the field of management science and operations research. Building on recent and established theoretical advances and presenting their applications in specific domains, it offers a comprehensive resource for researchers, graduate students and professionals alike.
Author: Constantin Zopounidis
Publisher: Springer
ISBN: 3319392921
Category : Business & Economics
Languages : en
Pages : 218
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Book Description
This book presents a broad range of innovative applications and case studies in all areas of management and engineering, including public administration, finance, marketing, engineering, transportation, and energy systems. It addresses issues related to problem structuring, preference modeling, and model construction, presenting a framework that provides clear decision-making support in practice. In addition, it includes hybrid and integrated techniques combining multiple criteria decision making (MCDM) with other analytical methods. The book reflects the growing impact of MCDM in the field of management science and operations research. Building on recent and established theoretical advances and presenting their applications in specific domains, it offers a comprehensive resource for researchers, graduate students and professionals alike.
Author: Salvatore Greco
Publisher: Springer Science & Business Media
ISBN: 1441959041
Category : Business & Economics
Languages : en
Pages : 421
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Book Description
Multiple Criteria Decision Making (MCDM) is the study of methods and procedures by which concerns about multiple conflicting criteria can be formally incorporated into the management planning process. A key area of research in OR/MS, MCDM is now being applied in many new areas, including GIS systems, AI, and group decision making. This volume is in effect the third in a series of Springer books by these editors (all in the ISOR series), and it brings all the latest developments in MCDM into focus. Looking at developments in the applications, methodologies and foundations of MCDM, it presents research from leaders in the field on such topics as Problem Structuring Methodologies; Measurement Theory and MCDA; Recent Developments in Evolutionary Multiobjective Optimization; Habitual Domains and Dynamic MCDM in Changeable Spaces; Stochastic Multicriteria Acceptability Analysis; and many more chapters.
Author: Valerie Belton
Publisher: Springer Science & Business Media
ISBN: 1461514959
Category : Business & Economics
Languages : en
Pages : 381
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Book Description
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.
Author: Po-Lung Yu
Publisher: Springer Science & Business Media
ISBN: 1468483951
Category : Computers
Languages : en
Pages : 396
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Book Description
This book is an outgrowth of formal graduate courses in multiple-criteria decision making (MCDM) that the author has taught at the University of Rochester, University of Texas at Austin, and University of Kansas since 1972. The purpose is, on one hand, to offer the reader an integral and systematic view of various concepts and techniques in MCDM at an "introductory" level, and, on the other hand, to provide a basic conception of the human decision mechanism, which may improve our ability to apply the techniques we have learned and may broaden our llJ.ind for modeling human decision making. The book is written with a goal in mind that the reader should be able to assimilate and benefit from most of the concepts in the book if he has the mathematical maturity equivalent to a course in operations research or optimiz ation theory. Good training in linear and nonlinear programming is sufficient to digest, perhaps easily, most of the concepts in the book.
Author: Evangelos Triantaphyllou
Publisher: Springer Science & Business Media
ISBN: 1475731574
Category : Business & Economics
Languages : en
Pages : 307
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Book Description
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.
Author: Michalis Doumpos
Publisher: Springer
ISBN: 3030114821
Category : Business & Economics
Languages : en
Pages : 433
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Book Description
This book provides comprehensive coverage of the latest research on multiple criteria research analysis (MCDA) and related areas, gathering a collection of high-quality chapters prepared by leading scholars in the field. By covering the established streams in MCDA research and simultaneously exploring new and emerging areas of application, it offers a unique reference resource for the future development of MCDA. The book approaches MCDA as one of the most active areas in operations research and management science (OR/MS). It presents not only the significant advances achieved to date, but also the new opportunities and challenges arising for both the theory and practice of MCDA. Among many others, the book addresses behavioral and conceptual aspects of decision aiding and decision making, problem structuring issues in the framework of new technological and socio-economic advances, methodological and algorithmic advances for analytical modeling and decision aiding, as well as a number of new application areas in engineering, business, and the social sciences.
Author: Salvatore Greco
Publisher: Springer
ISBN: 149393094X
Category : Business & Economics
Languages : en
Pages : 1356
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Book Description
In two volumes, this new edition presents the state of the art in Multiple Criteria Decision Analysis (MCDA). Reflecting the explosive growth in the field seen during the last several years, the editors not only present surveys of the foundations of MCDA, but look as well at many new areas and new applications. Individual chapter authors are among the most prestigious names in MCDA research, and combined their chapters bring the field completely up to date. Part I of the book considers the history and current state of MCDA, with surveys that cover the early history of MCDA and an overview that discusses the “pre-theoretical” assumptions of MCDA. Part II then presents the foundations of MCDA, with individual chapters that provide a very exhaustive review of preference modeling, along with a chapter devoted to the axiomatic basis of the different models that multiple criteria preferences. Part III looks at outranking methods, with three chapters that consider the ELECTRE methods, PROMETHEE methods, and a look at the rich literature of other outranking methods. Part IV, on Multiattribute Utility and Value Theories (MAUT), presents chapters on the fundamentals of this approach, the very well known UTA methods, the Analytic Hierarchy Process (AHP) and its more recent extension, the Analytic Network Process (ANP), as well as a chapter on MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique). Part V looks at Non-Classical MCDA Approaches, with chapters on risk and uncertainty in MCDA, the decision rule approach to MCDA, the fuzzy integral approach, the verbal decision methods, and a tentative assessment of the role of fuzzy sets in decision analysis. Part VI, on Multiobjective Optimization, contains chapters on recent developments of vector and set optimization, the state of the art in continuous multiobjective programming, multiobjective combinatorial optimization, fuzzy multicriteria optimization, a review of the field of goal programming, interactive methods for solving multiobjective optimization problems, and relationships between MCDA and evolutionary multiobjective optimization (EMO). Part VII, on Applications, selects some of the most significant areas, including contributions of MCDA in finance, energy planning problems, telecommunication network planning and design, sustainable development, and portfolio analysis. Finally, Part VIII, on MCDM software, presents well known MCDA software packages.
Author: M. Murat Kksalan
Publisher: World Scientific
ISBN: 9814335584
Category : Business & Economics
Languages : en
Pages : 210
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Book Description
Multiple Criteria Decision Making (MCDM) is all about making choices in the presence of multiple conflicting criteria. MCDM has become one of the most important and fastest growing subfields of Operations Research/Management Science. As modern MCDM started to emerge about 50 years ago, it is now a good time to take stock of developments. This book aims to present an informal, nontechnical history of MCDM, supplemented with many pictures. It covers the major developments in MCDM, from early history until now. It also covers fascinating discoveries by Nobel Laureates and other prominent scholars.The book begins with the early history of MCDM, which covers the roots of MCDM through the 1960s. It proceeds to give a decade-by-decade account of major developments in the field starting from the 1970s until now. Written in a simple and accessible manner, this book will be of interest to students, academics, and professionals in the field of decision sciences.
Author: Michalis Doumpos
Publisher: Springer Nature
ISBN: 3030892778
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
This book presents a rich collection of studies on the analysis of sustainable development from a multiple criteria decision-making (MCDM) perspective, written by some of the most prominent authors in the field of MCDM/A. The book constitutes a unique international reference guide to the analysis, measurement, and management of sustainability in a multidimensional decision analysis context. Chiefly intended for academics and policymakers, it reflects some of the latest methodological advances in decision-making, which are illustrated in real-life applications to sustainability-related topics in both the private and public sector.
Author: Pratyush Sen
Publisher: Springer Science & Business Media
ISBN: 1447130200
Category : Technology & Engineering
Languages : en
Pages : 276
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Book Description
Multiple criteria decision making tools have been developing at an extremely rapid pace over the last few years. This work explores the nature of the pursuit, using the authors extensive experience in the field. With its clear, concise approach combining industrial examples and case studies, this book will be of interest to graduate students, practicing engineers, and project managers.
