Search results for "Multiple criteria"
showing 10 items of 52 documents
Ethical preferences for influencing superiors: A 41-society study
2009
With a 41-society sample of 9990 managers and professionals, we used hierarchical linear modeling to investigate the impact of both macro-level and micro-level predictors on subordinate influence ethics. While we found that both macro-level and micro-level predictors contributed to the model definition, we also found global agreement for a subordinate influence ethics hierarchy. Thus our findings provide evidence that developing a global model of subordinate ethics is possible, and should be based upon multiple criteria and multilevel variables. Journal of International Business Studies (2009) 40, 1022–1045. doi:10.1057/jibs.2008.109
Shared value economics: an axiomatic approach
2020
[EN]The concept of shared value was introduced by Porter and Kramer as a new conception of capitalism. Shared value describes the strategy of organizations that simultaneously enhance their competitiveness and the social conditions of related stakeholders such as employees, suppliers and the natural environment. The idea has generated strong interest, but also some controversy due to a lack of a precise definition, measurement techniques and difficulties to connect theory to practice. We overcome these drawbacks by proposing an economic framework based on three key aspects: coalition formation, sustainability and consistency, meaning that conclusions can be tested by means of logical deduct…
Interactivized : Visual Interaction for Better Decisions with Interactive Multiobjective Optimization
2022
In today’s data-driven world, decision makers are facing many conflicting objectives. Since there is usually no solution that optimizes all objectives simultaneously, the aim is to identify a solution with acceptable trade-offs. Interactive multiobjective optimization methods are iterative processes in which a human decision maker repeatedly provides one’s preferences to request computing new solutions and compares them. With these methods, the decision maker can learn about the problem and its limitations. However, advanced optimization software usually offer simple visualization tools that can be significantly improved. On the other hand, current approaches for multiobjective optimization…
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.
Recent Developments in our Approach to Multiple-Criteria Decision Making
1984
Approximately ten years ago we began a study of multiple criteria decision making at the European Insti tute for Advanced Studies in Management in Brussels. The project started as a way of finding a multiple objective linear programming method that would work better than those tested by Wallenius (1975). We did a substantial amount of work on the problem and came up with such a method (Zionts and Wallenius, 1976). Wallenius’ (1975) thesis, one of the first outputs of that project, comprises a rather significant piece of research in the multiple criteria area. Since that time our work has continued. We have worked together on a great deal of it; some of it has involved students and other fac…
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…
A Decision Model for the Multiple Criteria Group Secretary Problem: Theoretical Considerations
1996
A decision model is developed for solving the discrete multiple criteria group secretary problem. The model extends the single decision-maker progressive algorithm by Korhonen, Moskowitz and Wallenius to group contexts. As the original progressive algorithm, it relaxes the usual assumption of a fixed set of available decision alternatives and complete knowledge of a decision-maker's preference structure (value function). The decision-makers are requested to settle on a compromise, if possible. The model then proceeds with determining the likelihood of finding possibly/surely better settlements (compromises). Linear value functions, linear prospect theory-type value functions, and quasiconca…
Constructing a Pareto front approximation for decision making
2011
An approach to constructing a Pareto front approximation to computationally expensive multiobjective optimization problems is developed. The approximation is constructed as a sub-complex of a Delaunay triangulation of a finite set of Pareto optimal outcomes to the problem. The approach is based on the concept of inherent nondominance. Rules for checking the inherent nondominance of complexes are developed and applying the rules is demonstrated with examples. The quality of the approximation is quantified with error estimates. Due to its properties, the Pareto front approximation works as a surrogate to the original problem for decision making with interactive methods. Qc 20120127
Interactive Multiobjective Robust Optimization with NIMBUS
2018
In this paper, we introduce the MuRO-NIMBUS method for solving multiobjective optimization problems with uncertain parameters. The concept of set-based minmax robust Pareto optimality is utilized to tackle the uncertainty in the problems. We separate the solution process into two stages: the pre-decision making stage and the decision making stage. We consider the decision maker’s preferences in the nominal case, i.e., with the most typical or undisturbed values of the uncertain parameters. At the same time, the decision maker is informed about the objective function values in the worst case to support her/him to make an informed decision. To help the decision maker to understand the behavio…