Showing 1 - 7 of 7
Additive multi-attribute value models and additive utility models with discrete outcome sets are widely applied in both descriptive and normative decision analysis. Their non-parametric application allows preference inference by analyzing sets of general additive value functions compatible with...
Persistent link: https://www.econbiz.de/10010738138
his paper provides a review of multiple criteria decision analysis (MCDA) for cases where attribute evaluations are uncertain. The main aim is to identify different tools which can be used to represent uncertain evaluations, and to broadly survey the available decision models that can be used to...
Persistent link: https://www.econbiz.de/10010597609
Despite significant progress in energy technology, about two billion people worldwide, particularly the poor in rural areas of developing countries, have no access to electricity. Decision-making concerning the most appropriate energy technology for supplying these areas has been difficult;...
Persistent link: https://www.econbiz.de/10010577610
Decisions about the acquisition and maintenance of military equipment serve to build long-term capabilities in preparation of military conflicts. Typically, these decisions involve large investments which need to be supported by adequate cost-efficiency analyses. Yet the cost-efficiency analysis...
Persistent link: https://www.econbiz.de/10011052556
This article describes a foundation for modelling generic cognitive structures, under the heading nomology, sometimes known as the “science of the processes of the mind”. It proposes some principles and axioms that are consistent with the evidence in management systems used in business...
Persistent link: https://www.econbiz.de/10011052580
The paper addresses the topic of supplier selection in public procurement. According to European directives, when tenders are awarded through the “Most Economically Advantageous Tender” (MEAT) criterion, the awarding committee has to decide the tender evaluation criteria of the presented...
Persistent link: https://www.econbiz.de/10011052622
The fuzzy Analytic Hierarchy Process (fuzzy AHP) is a very popular decision making method and literally thousands of papers have been published about it. However, we find the basic logic of this approach has problems. From its methodology, the definition and operational rules of fuzzy numbers...
Persistent link: https://www.econbiz.de/10011052626