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dealing with multi-criteria decision- making problem. Design/methodology/approach - Introducing a multi-criteria decision … criteria. Originality/value - This paper put forward an effective multi-criteria decision-making dealing with uncertain …
Persistent link: https://www.econbiz.de/10012695173
Purpose – This paper aims to propose an integration of the analytic hierarchy process (AHP) and data envelopment analysis (DEA) methods in a multiattribute grey relational analysis (GRA) methodology in which the attribute weights are completely unknown and the attribute values take the form of...
Persistent link: https://www.econbiz.de/10012964367
The paper outlines the most important shipbuilding strategies in Romania that would allow this industry to increase its performance to be competitive. The research is mainly based on the collection of information from experts in the field from ANCONAV (Romanian Shipbuilders Association),...
Persistent link: https://www.econbiz.de/10013259311
The basic axioms or formal conditions of decision theory, especially the ordering condition put on preferences and the … from the methods and results of decision theory). To give the strategy more structure, philosophers have developed ….e., it is duly developed using the available tools of decision theory). We find that the strategy passes the test imperfectly …
Persistent link: https://www.econbiz.de/10012832973
not so easy to achieve. Especially in situations where decision-makers must decide under time pressure and uncertainty … based on fuzzy set theory to help decision-makers to find the collective decision considering weights of each member of the … decision-making group. More specifically, the proposed approach uses new and innovative transformation of fuzzy numbers through …
Persistent link: https://www.econbiz.de/10012604201
The goal programming (GP) is a well-known approach applied to multi-criteria decision making (M-DM). It has been used … analogies between M-DM under certainty and scenario-based one-criterion decision making under uncertainty (1-DMU) have not been … hybrids for 1-DMU are formulated. They differ from each other in terms of the type of the decision maker considered (pessimist …
Persistent link: https://www.econbiz.de/10012388744
This paper examines how data-driven personalized decisions can be made while preserving consumer privacy. Our setting is one in which the firm chooses a personalized price based on each new customer's vector of individual features; the true set of individual demand-generating parameters is...
Persistent link: https://www.econbiz.de/10012311912
this work, we study data-driven contextual decision-making and the performance implications of quality and quantity of data …. We focus on contextual decision-making with a Newsvendor loss. This loss is that of a central capacity planning problem …
Persistent link: https://www.econbiz.de/10014260628
their dissimilarity from the perfectly rational decision making? How to rank subjects by risk attitudes? How to cluster …
Persistent link: https://www.econbiz.de/10013141177
Persistent link: https://www.econbiz.de/10013414720