Many multi-criteria decision making (MCDM) methods have been proposed to handle uncertain decision making problems. Most of them are based on fuzzy numbers and they are not able to cope with risk in decision making. In recent years, some MCDM methods based on prospect theory to handle risk MCDM problems have been developed. In this paper, we propose the Fuzzy TODIM for group decision making, so...

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...

When dealing with multi-criteria decision making problems, the concept of Pareto-optimality and Pareto-dominance may be inefficient (e.g. generally multiple solutions exist), especially when there is a large number of criteria. Our paper considers the fuzzy multi-criteria decision making problem based on Zadeh’s linguistic approach to P-optimality and P-dominance. The construction, analysis and...

There are many real-life problems that, because of the need to involve a wide domain of knowledge, are beyond a single expert. This is especially true for complex problems. Therefore, it is usually necessary to allocate more than one expert to a decision process. In such situations, we can observe an increasing importance of uncertainty. In this paper, the Multi-Criteria Decision-Making (MCDM) ...