We develop a procedure and the requisite theory for incorporating preference information in a novel way in the efficiency analysis of Decision Making Units. The efficiency of Decision Making Units is defined in the spirit of Data Envelopment Analysis (DEA), complemented with Decision Maker's...

We propose a systematic approach to analyzing academic research performance at universities and research institutes. The analysis of research performance based on a set of (abstract) criteria which are relevant from the decision maker's point of view. The scales for these criteria are defined by...

The use of robo-readers to analyze news texts is an emerging technology trend in computational finance. In recent research, a substantial effort has been invested to develop sophisticated financial polarity-lexicons that can be used to investigate how financial sentiments relate to future...

We review the emerging field of multiple issue e-auctions and discuss their design features and performance criteria. We primarily consider B2B transactions in a reverse auction, that is, a procurement setting. In traditional auctions, the matching of buyers and sellers is typically based just...

The Internet is quickly changing the way business-to-consumer and business-to-business commerce is conducted in the world. The Electronic Revolution has also spawned a trend of price wars and, in some instances, chaos because of the zero-sum nature of the electronic channel. The technology has...

With the advent of the mass use of the Internet involving the classic use of e-mail, file transfer and now the more recent use of www applications, such as home pages, chat, Internet phone, audio and video and web broadcast systems, business transactions over the net are increasing dramatically....

This paper presents a dynamic and visual "free search" type of a decision support system - Quadratic Pareto Race, which enables a decision maker (DM) to freely search the efficient frontier of a multiple objective quadratic-linear programming problem by controlling the speed and direction of...

In many areas of life it is useful to be able to compare one's own performance to some general benchmark data. The Internet provides a way of realizing such a comparison so that the original database can be hidden from users by locating it in a server computer and users can test their individual...

We introduce in this paper a new starting mechanism for multi-objective linear programming (MOLP) algorithms. This makes it possible to start an algorithm from any solution in objective space. The original problem is first augmented in such a way that a given starting point is feasible. The...

In this paper, we consider the problem of searching nondominated alternatives in a discrete multiple criteria problem. The search procedure is based on the use of a reference direction. A reference direction reflects the desire of the decision maker (DM) to specify a search direction. To find a...