Application of a quantitative multiple criteria decision making (MCDM-1) approach to the analysis of investments in construction
This paper presents an application of Multiple Attribute Utility Theory on strategic choices concerning energy transportation. The environmental assessment of a network reinforcement strategy is emphasized. Our assessment brings about to consider multidimensional variables in MCDM. However, Multi-Attributed Utility Theory (MAUT) cannot, as a practical matter, manage such variables. We therefore work out a methodology to transform multidimensional variables into unidimensional ones. We apply...
The paper deals with the concept of coalitional preferences in the group decision-making situations in which the agents and coalitions have only vague idea about the comparative acceptability of particular outcomes. The coalitional games with vague utilities (see, e. g., [6]) can serve for a good example when some types of the game solutions (e. g., the von Neumann– Morgenstern one) are to be extended to the fuzzy game case. In this paper, we consider the fuzzy analogies of coalitional preferences...
Economic and management theories are very often based in their applications on the perception of homogeneity of the application space. The purpose of this article is to query such a conviction and indicate new possible directions of discipline development. The article deals with symbiosis of process and his steering model as a process of management. It is possible that in relative near future it will be necessary to accept approaches and changes in interpretations of decision-making. Applications...