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Evaluating Multi-criteria Decisions Under Conditions of Strong Uncertainty
Mid Sweden University, Faculty of Science, Technology and Media, Department of Information Systems and Technology. Stockholm University.ORCID iD: 0000-0003-0310-0018
2022 (English)In: Multicriteria and Optimization Models for Risk, Reliability, and Maintenance Decision Analysis / [ed] Adiel Teixeira de Almeida, Love Ekenberg, Philip Scarf, Enrico Zio, Ming J. Zuo, Springer, 2022, p. 41-55Chapter in book (Refereed)
Abstract [en]

Decisions under risk and multi-criteria decisions are unfortunately usually studied independently, despite the fact that in actual decision-making problems often contain several criteria, as well as uncertain outcomes. This is unnecessary since the two approaches can quite straightforwardly be used within the same framework. This article describes how it can be done when the decision components are imprecise in terms of intervals and qualitative estimates. We also demonstrate an implementation of the theory on a real-life decision problem. 

Place, publisher, year, edition, pages
Springer, 2022. p. 41-55
Series
International Series in Operations Research & Management Science
Keywords [en]
Decision analysis, Decision tool, Evaluation, Imprecision, Multiple criteria, Strong uncertainty
National Category
Probability Theory and Statistics
Identifiers
URN: urn:nbn:se:miun:diva-45745DOI: 10.1007/978-3-030-89647-8_3Scopus ID: 2-s2.0-85133359128ISBN: 978-3-030-89647-8 (electronic)OAI: oai:DiVA.org:miun-45745DiVA, id: diva2:1685351
Available from: 2022-08-02 Created: 2022-08-02 Last updated: 2025-09-25Bibliographically approved

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Larsson, Aron

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  • nn-NB
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