Necessary conditions of nondominated solutions in multicriteria decision making

Spatial Multicriteria Decision Making

DEFINITION Multicriteria analysis is generally defined as “a decision-aid and a mathematical tool allowing the comparison of different alternatives or scenarios according to many criteria, often conflicting, in order to guide the decision maker towards a judicious choice” [12]. The set of decision alternatives considered in a given problem is often denoted by A and called the set of potential a...

Multicriteria Optimization and Decision Making

Interval-Based Multicriteria Decision Making

The aim of this paper is to show how non-additive measures and intervals can be combined in order to provide a simple and accurate approach to multi-criteria decision making problems. We construct an interval-based Choquet integral in order to derive preferences over a set of multidimensional alternatives. Preferences are no longer real number comparisons, but interval comparisons, which is not...

Application of multicriteria decision analysis in environmental decision making.

Decision making in environmental projects can be complex and seemingly intractable, principally because of the inherent trade-offs between sociopolitical, environmental, ecological, and economic factors. The selection of appropriate remedial and abatement strategies for contaminated sites, land use planning, and regulatory processes often involves multiple additional criteria such as the distri...

Multicriteria decision making using fuzzy quantifiers

Many financial decisions involve a need to satisfy multiple criteria (goals). This situation becomes particularly apparent in problems of investment allocation where we are faced with the problem of selecting from a collection of alternative investment packages one that meets our subjective goals such as growth, security and a reasonable return on investment. Another closely related problem, on...