Experts take into account several criteria to assess the effectiveness of torrential flood protection systems. In practice, scoring each criterion is imperfect. Each system is assessed choosing a qualitative class of effectiveness among several such classes (high, medium, low, no). Evidential Reasoning for Multi-Criteria Decision-Analysis (ER-MCDA) approach can help formalize this Multi-Criteri...

This paper suggests ranking alternatives under fuzzy MCDM (multiple criteria decision making) via an centroid based ranking approach, where criteria are classified to benefit qualitative, benefit quantitative and cost quantitative ones. The ratings of alternatives versus qualitative criteria and the importance weights of all criteria are assessed in linguistic values represented by fuzzy number...

In multi-criteria decision making the decision maker need to assign weights to criteria for evaluation of alternatives, but decision makers usually find it difficult to assign precise weights to several criteria. On the other hand, decision makers may readily provide a number of preferences regarding the relative importance between two disjoint subsets of criteria. We extend a procedure by L. V...

The purpose of resent research is to analysis and compares performance evaluation models of selected investment companies in Tehran Stock Exchange Market in the field of their portfolio management. The duration of research was between years 2009-2014. Statistical society the research is consisting of all active investment companies in in Tehran Stock Exchange Market which were 30 companies. Vol...

Liaiig presented a fuzzy multiple criteria decision making (MCDM) method based on the concepts of ideal and anti-ideal points. Despite its merits, Liang method has the following limitations: ( i ) the objective criteria are converted into dimensionless indices and the subjective criteria are not converted, which may prevent compatibility for these criteria, (ii) the formulas for converting obje...

BACKGROUND Prioritization of medical technologies requires a multi-dimensional view. Often, conflicting equity and efficiency criteria should be reconciled. The most dramatic manifestation of such conflict is in the prioritization of new medical technologies asking for public finance performed yearly by the Israeli Basket Committee. The aim of this paper is to compare the revealed preferences o...