A new type of Automated Market Makers (AMMs) powered by Blockchain technology keep liquidity on-chain and offer transparent price mechanisms. This innovation is a significant step in the direction of building a more transparent and efficient financial market. This paper explores analytically...

Automated market makers (AMM) have grown to obtain significant market share within the cryptocurrency ecosystem, resulting in a proliferation of new products pursuing exotic strategies for horizontal differentiation. Yet, their theoretical properties are curiously homogeneous when a set of basic...

This paper explores a multi-criteria outranking methodology that is designed to both handle uncertain and imprecise data in describing alternatives as well as treating the decision maker's preference information in a sensible way that re flects the difficulties in articulating preferences. Based...

Eelgrass is the most widespread plant in temperate coastal waters. It is regarded as a useful indicator of water quality because water clarity regulates its extension towards deeper waters, i.e. the depth limit. This study analyses the use of eelgrass depth limits as a bioindicator under the...

We analyze a two-attribute procurement auction that uses yardstick competition to settle prices. The submitted sealed bids are replaced by yardstick bids, computed by a linear weighting of the other participants’ bids. The auction simplifies the procurement process by reducing the...

The purpose of this paper is to model the multi-criteria decision problem of identifying the most suitable facility locations for biogas plants under an integrated decision support methodology. Here the Geographical Information System (GIS) is used for measuring the attributes of the...

We suggest a decision support approach, Balanced Benchmarking that combines Balanced Scorecard (BSC) and Interactive Benchmarking. A successful BSC implementation requires a theoretical and operational sound foundation for the key measures. This foundation may be constructed using Interactive...

This paper extends the Weighted Overlap Dominance (WOD) model (initially presented in J.L. Hougaard, K. Nielsen. Weighted Overlap Dominance - A procedure for interactive selection on multidimensional interval data. Applied Mathematical Modelling 35, 2011, 3958 - 3969), as an outranking approach...

The purpose of this paper is to model the multi-criteria decision problem of identifying the most suitable facility locations for biogas plants under an integrated decision support methodology. Here the Geographical Information System (GIS) is used for measuring the attributes of the...