This paper provides a categorized bibliography on the application of the techniques of multiple criteria decision making (MCDM) to problems and issues in finance. A total of 265 references have been compiled and classified according to the methodological approaches of goal programming, multiple objective programming, the analytic hierarchy process (AHP), etc., and to the application areas of ca...

A multistage decision process for transportation investment planning is described. Most transportation investment problems inherently involve multiple criteria and uncertainty. To deal with the variations arising from changes in external environments, robust contingency plans should be integrated in the planning process-not after plans are developed-to account for uncertainty. With the proposed...

Multiple Criteria Decision Making or multi-attribute (MCDM) problems refer to performing preference decisions (e.g. ranking, ordering, prioritization, selection) over several available alternatives or objects that are characterized by multiple, usually conflicting, attributes or criteria. MCDM techniques have been and are still being encountered in a wide range of human activities, from the pro...

This research has concentrated on the physical and socio-economic impacts of vegetation-based management scenarios targeting on flooding and soil erosion issues in the Ramian watersheds. The Ramian watershed with an approximate area of 24000 ha is located in Golestan, Iran. For each sub-watershed, four biological actions (activities) and 16 management scenarios have been considered. Physical im...

There has been a growing interest and activity in the area of multiple criteria decision making (MCDM), especially in the last 20 years. Modeling and optimization methods have been developed in both crisp and fuzzy environments. The overwhelming majority of approaches for finding best compromise solutions to MCDM problems do not make use of the interdependences among the objectives. However, as...

The present research work deals with a logistic membership function (MF), within non-linear MFs, in finding out fuzziness patterns in disparate level of satisfaction for Multiple Criteria Decision-Making (MCDM) problem. This MF is a modified form of general set of S-curve MF. Flexibility of this MF in applying to real world problem has also been validated through a detailed analysis. An example...

Evaluating alignments for a transportation corridor is a complex process that involves many decision makers and stakeholders. Capturing input about important considerations is vital to the process of alignment selection and is an iterative process. Multi-Criteria Decision Making (MCDM) provides a systematic methodology to compare, select, and rank multiple alternatives using disparate data sour...

The purpose of this paper is to present an alternative of a hybrid method based on Saaty’s Analytical Hierarchy Process and on the Technique for Order Preference by using the Similarity to Ideal Solution method (AHP-TOPSIS) and, based on the AHP and its use of pairwise comparisons, to extend it to a new method called α-D MCDMTOPSIS (α-Discounting Method for multi-criteria decision making-TOPSIS...

Multiple criteria decision making (MCDM) literature concentrates on the concept of conflicting objectives, which is related to focusing on the need of trading off. Most approaches to eliciting preferences of the decision maker (DM) are built accordingly on contradistinguishing different attainable levels of objectives. We propose to pay attention to the non-conflicting aspects of decision makin...

An optimal maintenance strategy mix is necessary for increasing availability and reliability levels of production facilities without significantly increasing operational costs. The selection of maintenance strategies is a typical Multiple Criteria Decision-Making (MCDM) problem with conflicting goals. Consideration of interdependence among the criteria and alternative policies for maintenance s...