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In some circumstances a decision maker, expert, in a group decision making problem cannot express his/her preferences with a unique linguistic fuzzy preference because he/she is dubious into some preferences. In this paper, we present a consensus model for group decision making problems with...
Persistent link: https://www.econbiz.de/10011307179
Insurance companies have to estimate reserves and provisions to cover the payment of either unreported claims or unsettled claims. In this paper, we apply the Chain-Ladder method to obtain a point estimate of reserves, and then we use the bootstrap technique to estimate the margin of error and...
Persistent link: https://www.econbiz.de/10011307180
The simulation has proved a particularly effective and powerful technique to evaluate different alternatives for solving problems, without being required actual experimentation. It is particularly useful for decision-making when you want to organize jobs in an organization where there are...
Persistent link: https://www.econbiz.de/10011307207
Manufacturing companies require radical changes to achieve the required quantity and quality of their products and respond to market needs quickly. This issue is essential for a correct selection of the planning and control of production. The practical application of a specific tool depends on...
Persistent link: https://www.econbiz.de/10011307217
Dynamic and Stochastic General Equilibrium (DSGE) models have become a frequent choice of modeling methodology for complex dynamic and stochastic phenomena in different branches of economics. They are increasingly used by decision-makers to analyze various policy decisions or to generate...
Persistent link: https://www.econbiz.de/10010325102
This paper develops a methodology using business intelligence (data warehouse) and OLAP tools (Online Analytical Processing) to match individuals from a household survey data to a census one. In order to geo-reference the household data, the method takes advantage of the geographical information...
Persistent link: https://www.econbiz.de/10011985521
La presente investigación tiene como objetivo principal desarrollar un análisis de toma de decisiones bajo incertidumbre a través de la aplicación de opciones reales en la evaluación de inversiones en proyectos mineros. Asimismo, se propone estudiar el comportamiento de los precios del oro,...
Persistent link: https://www.econbiz.de/10011859390
The idea behind the methodology proposed in this paper is to show the utilities that it can offer, a software tool to make recommendations to the banking users when making a claim against a bad practice from their banks or wish to make an inquiry in order to ascertain the chances of a favorable...
Persistent link: https://www.econbiz.de/10011966825