Background: This paper introduces the use of the 5Ws & H technique, which is the creative problem solving technique based on who, what, when, where, why and how questions, for the establishing of the criteria weights in multi-criteria decision-making (MCDM). Objectives: The main goal of this...

I examine a class of utility maximization problems with a not necessarily law-invariant utility, and with a not necessarily law-invariant risk measure constraint. The objective function is an integral of some function U with respect to some probability measure P, and the constraint set contains...

In this paper we propose a new method to explain the creation and measure the value of internally generated goodwill (IGG). Our method is based on the idea that firm value is affected by interactions between assets used in combination to conduct business. This novel approach contrasts with the...

The implementation of Sustainable Development (SD) within an Organization is a difficult task. This is due to the fact that it is difficult to deal with conflicting and incommensurable aspects such as environmental, economic and social dimensions. In this paper we have used a Multi-Criteria...

The purpose of this paper is interconnection of concept of internal synergy value of business (Sabolovic 2009; Hand – Lev 2004; Ohlson 1995) in terms of fuzzy measure (Casta et. al. 1998, 2003, 2005; Cummis – Derrig 1997; Kosko 1993; Sugeno 1977; Zadeh 1965) to value of external synergy (Damodaran 2006). The...

We study the modelling of the subjective sensation of discomfort for subjectsseated during a long time, in terms of local discomforts. The methodology usesfuzzy measures and integrals in a multicriteria decision making process,which enables the modelling of complex interaction between variables....

This paper discusses models of choice under imprecise objective proba- bilistic information featuring beliefs about beliefs - second order beliefs. A new model, called Second Order Dual Expected Utility (SODEU) featuring non-additive second order beliefs is introduced, axiomatized and systemati-...