Multicriteria Decision Making as Interdisciplinary Research

Spatial Multicriteria Decision Making

DEFINITION Multicriteria analysis is generally defined as “a decision-aid and a mathematical tool allowing the comparison of different alternatives or scenarios according to many criteria, often conflicting, in order to guide the decision maker towards a judicious choice” [12]. The set of decision alternatives considered in a given problem is often denoted by A and called the set of potential a...

Multicriteria Optimization and Decision Making

Interval-Based Multicriteria Decision Making

The aim of this paper is to show how non-additive measures and intervals can be combined in order to provide a simple and accurate approach to multi-criteria decision making problems. We construct an interval-based Choquet integral in order to derive preferences over a set of multidimensional alternatives. Preferences are no longer real number comparisons, but interval comparisons, which is not...

Multicriteria decision making using fuzzy quantifiers

Many financial decisions involve a need to satisfy multiple criteria (goals). This situation becomes particularly apparent in problems of investment allocation where we are faced with the problem of selecting from a collection of alternative investment packages one that meets our subjective goals such as growth, security and a reasonable return on investment. Another closely related problem, on...

Fuzzy Systems for Multicriteria Decision Making

One of the techniques used to support decisions in uncertain environments is the Fuzzy TOPSIS method. However, from crisp data, this method considers only one fuzzy set in their analysis, besides being a strictly mathematical optimization technique. This article proposes extensions to the original Fuzzy TOPSIS, exploring two distinct versions: to increase the method with the necessary resources...