The selection of remedial alternatives for mine sites is a complex task because it involves multiple criteria and often with conflicting objectives. However, an existing framework used to select remedial alternatives lacks multicriteria decision analysis (MCDA) aids and does not consider uncertainty in the selection of alternatives. The objective of this paper is to improve the existing framewo...

This study presents a model for supporting project managers to focus on the main tasks of a project network using a multiple criteria decision aid (MCDA) approach. A MCDA structure is important for dealing with this kind of problem, in the context of the project manager, when he/she solving a decision problem, taking into account several, often contradictory, points of view. A case study on the...

BACKGROUND The diffusion of health technologies from translational research to reimbursement depends on several factors included the results of health economic analysis. Recent research identified several flaws in health economic concepts. Additionally, the heterogeneous viewpoints of participating stakeholders are rarely systematically addressed in current decision-making. Multi-criteria Decis...

The suggested approach, FMAA (Fuzzy Multicriteria Acceptability Analysis), assimilates uncertainties/ imprecisions of objective values and subjective judgments within the discrete Multi-Criteria Decision Analysis (MCDA). The presented algorithm for FMAA implementation utilizes fuzzy criterion values and fuzzy weight coefficients based on the use of fuzzy numbers, integral measure to assess the ...

DEX is a qualitative multi-criteria decision analysis (MCDA) method, aimed at supporting decision makers in evaluating and choosing decision alternatives. We present results of a preliminary study in which we experimentally assessed the performance of two wellknown MCDA methods UTA and ACUTA to approximate qualitative DEX utility functions with piecewise-linear marginal utility functions. This ...

Over the past decades the complexity of financial decisions has increased rapidly, thus highlighting the importance of developing and implementing sophisticated and efficient quantitative analysis techniques for supporting and aiding financial decision making. Multi-criteria decision aid (MCDA), an advanced field of operations research, provides financial decision makers (DMs) and analysts a wi...

In this article, we discuss decision making involving multiple objectives (MCDA) and especially the lack of more prescriptively useful elicitation methods for weights within MCDA. We highlight the discrepancy between how elicitation is handled in current decision analysis applications and the abilities of real decision-makers to provide what is required from them. Based on theory and highlighte...

The Lithuanian Informatics Olympiad is a problem solving contest for high school students. The work of each contestant is evaluated in terms of several criteria, where each criterion is measured according to its own scale (but the same scale for each contestant). Several jury members are involved in the evaluation. This paper analyses the problem how to calculate the aggregated score for whole ...