Search results for "Decision analysis"
showing 10 items of 94 documents
Testing Prospect Theory in a Deterministic Multiple Criteria Decision-Making Environment
1993
Prospect theory by Kahneman and Tversky [7] is tested in a deterministic multiple criteria decision-making context. In two experiments conducted in classroom settings subjects made pairwise preference comparisons of condominiums for sale. The results of the experiments indicate that the traditional value model did not explain the subjects' revealed preferences as well as the prospect model. We conclude that prospect theory is a reasonable model of choice for many individuals in such a context.
An AHP-based approach to PMISs assessment
2015
The project management environment gets complex and subject to uncertainty. The firm's managers need of tools supporting the decision–making process in order to properly manage project information. PMISs provide features facilitating the project management. The variety of software and the ambiguity of features meaning make the choice of the PMIS a difficult task. The literature analysis confirms the importance of user engagement in features and PMIS assessment and the lack of methodologies satisfying such a task. The paper focuses on the classification and assessment of features of PMIS considering the firm's needs. A case study is presented for the evaluation of a PMISs sample.
Longitudinal changes in physical activity, sedentary behavior and body mass index in adolescence: Migrations towards different weight cluster
2016
This study examined longitudinal changes in physical activity, sedentary behavior and body mass index in adolescents, specifically their migrations towards a different weight cluster. A cohort of 755 adolescents participated in a three-year study. A clustering Self-Organized Maps Analysis was performed to visualize changes in subjects' characteristics between the first and second assessment, and how adolescents were grouped. Also a classification tree was used to identify the behavioral characteristics of the groups that changed their weight cluster. Results indicated that boys were more active and less sedentary than girls. Boys were especially keen to technological-based activities while …
Application of multivariant decision tree technique in high performance football: The female and male corner kick.
2019
The use of multidimensional statistical technique based on decision trees is of recent application in sports science. In the case of football, this technique has not yet been sufficiently proven. The aim of the present study was to search for different success models for the cor- ners in the FIFA World Cup 2014 and FIFA Women's World Cup 2015. For this, the statistical analysis focused on the search for classification models for the different criteria considered (shot, shot between the three posts and goal), based on the creation of different decision trees that allow the most important variables to be identified quickly and efficiently. For this, 1117 corners were collected between the two…
Perceptual commensuration in decision tables
2017
This paper calls attention to design features that could enhance the helpfulness of the decision table to decision makers trying to get a better intuitive grasp of the choices facing them. The experiments reported here show that the grey scale is more facilitative than the number scale for problem comprehension as measured by the identification of dominance and the identification of non-additivity, each of which requires a view of the decision problem that is sensitive to patterns across attributes. Additional design features that could enhance the decision makers’ grasp of the choices facing them are suggested for further research.
Complementary Judgment Matrix Method with Imprecise Information for Multicriteria Decision-Making
2018
The complementary judgment matrix (CJM) method is an MCDA (multicriteria decision aiding) method based on pairwise comparisons. As in AHP, the decision-maker (DM) can specify his/her preferences using pairwise comparisons, both between different criteria and between different alternatives with respect to each criterion. The DM specifies his/her preferences by allocating two nonnegative comparison values so that their sum is 1. We measure and pinpoint possible inconsistency by inconsistency errors. We also compare the consistency of CJM and AHP trough simulation. Because preference judgments are always more or less imprecise or uncertain, we introduce a way to represent the uncertainty throu…
Interactive multiobjective optimization with NIMBUS for decision making under uncertainty
2013
We propose an interactive method for decision making under uncertainty, where uncertainty is related to the lack of understanding about consequences of actions. Such situations are typical, for example, in design problems, where a decision maker has to make a decision about a design at a certain moment of time even though the actual consequences of this decision can be possibly seen only many years later. To overcome the difficulty of predicting future events when no probabilities of events are available, our method utilizes groupings of objectives or scenarios to capture different types of future events. Each scenario is modeled as a multiobjective optimization problem to represent differe…
Synchronous approach in interactive multiobjective optimization
2006
We introduce a new approach in the methodology development for interactive multiobjective optimization. The presentation is given in the context of the interactive NIMBUS method, where the solution process is based on the classification of objective functions. The idea is to formulate several scalarizing functions, all using the same preference information of the decision maker. Thus, opposed to fixing one scalarizing function (as is done in most methods), we utilize several scalarizing functions in a synchronous way. This means that we as method developers do not make the choice between different scalarizing functions but calculate the results of different scalarizing functions and leave t…
Using box indices in supporting comparison in multiobjective optimization
2009
Because of the conflicting nature of criteria or objectives, solving a multiobjective optimization problem typically requires interaction with a decision maker who can specify preference information related to the objectives in the problem in question. Due to the difficulties of dealing with multiple objectives, the way information is presented plays a very important role. Questions posed to the decision maker must be simple enough and information shown must be easy to understand. For this purpose, visualization and graphical representations can be useful and constitute one of the main tools used in the literature. In this paper, we propose to use box indices to represent information relate…
Solving the Discrete Multiple Criteria Problem using Convex Cones
1984
An interactive method employing pairwise comparisons of attainable solutions is developed for solving the discrete, deterministic multiple criteria problem assuming a single decision maker who has an implicit quasi-concave increasing utility (or value) function. The method chooses an arbitrary set of positive multipliers to generate a proxy composite linear objective function which is then maximized over the set of solutions. The maximizing solution is compared with several solutions using pairwise judgments asked of the decision maker. Responses are used to eliminate alternatives using convex cones based on expressed preferences, and then a new set of weights is found that satisfies the i…