Multiobjective Decision-making Methods and the Transport Mode Selection Problem PDF Download

Author: Fusun Ülengin
Publisher:
ISBN:
Category : Choice of transportation
Languages : en
Pages : 13

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Book Description

Author: Vira Chankong
Publisher: Courier Dover Publications
ISBN: 0486462897
Category : Technology & Engineering
Languages : en
Pages : 430

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Book Description
This first-rate text explores the theory and methodology of systems engineering in evaluating alternative courses of action and associated decision-making policies. It treats criteria as multidimensional, rather than scalar, in the development of normative theories. These contribute to a behavioral theory of decision making and provide guidance for exercising judgment. An introductory discussion of the systemic approach to judgment and decision is followed by explorations of psychological value measurements, utility, classical decision analysis, and vector optimization theory. The second section chiefly deals with methods of assessing and evaluating alternatives, including both noninteractive and interactive methods. A taxonomy and a comparative evaluation of methods conclude the text.

Author: Diederik M. Zhou
Publisher: Springer Nature
ISBN: 3031015762
Category : Computers
Languages : en
Pages : 111

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Book Description
Many real-world decision problems have multiple objectives. For example, when choosing a medical treatment plan, we want to maximize the efficacy of the treatment, but also minimize the side effects. These objectives typically conflict, e.g., we can often increase the efficacy of the treatment, but at the cost of more severe side effects. In this book, we outline how to deal with multiple objectives in decision-theoretic planning and reinforcement learning algorithms. To illustrate this, we employ the popular problem classes of multi-objective Markov decision processes (MOMDPs) and multi-objective coordination graphs (MO-CoGs). First, we discuss different use cases for multi-objective decision making, and why they often necessitate explicitly multi-objective algorithms. We advocate a utility-based approach to multi-objective decision making, i.e., that what constitutes an optimal solution to a multi-objective decision problem should be derived from the available information about user utility. We show how different assumptions about user utility and what types of policies are allowed lead to different solution concepts, which we outline in a taxonomy of multi-objective decision problems. Second, we show how to create new methods for multi-objective decision making using existing single-objective methods as a basis. Focusing on planning, we describe two ways to creating multi-objective algorithms: in the inner loop approach, the inner workings of a single-objective method are adapted to work with multi-objective solution concepts; in the outer loop approach, a wrapper is created around a single-objective method that solves the multi-objective problem as a series of single-objective problems. After discussing the creation of such methods for the planning setting, we discuss how these approaches apply to the learning setting. Next, we discuss three promising application domains for multi-objective decision making algorithms: energy, health, and infrastructure and transportation. Finally, we conclude by outlining important open problems and promising future directions.

Author:
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 588

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Book Description

Author: Ernest R. Alexander
Publisher:
ISBN:
Category : Transportation
Languages : en
Pages : 96

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Book Description

Author: Peter Nijkamp
Publisher: Springer Science & Business Media
ISBN: 9789020706895
Category : Business & Economics
Languages : en
Pages : 152

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Book Description

Author: Guangquan Zhang
Publisher: Springer
ISBN: 3662460599
Category : Technology & Engineering
Languages : en
Pages : 385

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Book Description
This monograph presents new developments in multi-level decision-making theory, technique and method in both modeling and solution issues. It especially presents how a decision support system can support managers in reaching a solution to a multi-level decision problem in practice. This monograph combines decision theories, methods, algorithms and applications effectively. It discusses in detail the models and solution algorithms of each issue of bi-level and tri-level decision-making, such as multi-leaders, multi-followers, multi-objectives, rule-set-based, and fuzzy parameters. Potential readers include organizational managers and practicing professionals, who can use the methods and software provided to solve their real decision problems; PhD students and researchers in the areas of bi-level and multi-level decision-making and decision support systems; students at an advanced undergraduate, master’s level in information systems, business administration, or the application of computer science.

Author: G. Colson
Publisher: Elsevier
ISBN: 1483295567
Category : Business & Economics
Languages : en
Pages : 245

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Book Description
This volume is devoted to models and methods in multiple objectives decision making. The importance of the multiple dimensions of decision making was first recognised during the 1960s and since then progress has been made in that theoretical or application oriented contributions may now be categorized under two main headings:- Multiattribute Decision Making (MADM) which concerns the sorting, the ranking or the evaluation of objects of choice according to several criteria and Multiobjective Decision Making (MODM) which deals with the vector optimization in mathematical programming. The above are also presented in the context of various applications, namely banking, environment, health, manpower, media, portfolio and traffic control, resulting in a book for a wide variety of readers.

Author: Huey-Kuo Chen
Publisher: Springer Science & Business Media
ISBN: 364259980X
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
Contains up-to-date and accessible material, plus all the necessary mathematical background. By verifying the asymmetric property of the dynamic link travel time function, while identifying the inflow, exit flow and number of vehicles on a physical link as three different states over time, the author adopts a variational inequality approach using one time-space link variable. This is then used to formulate problems with deterministic, stochastic and fuzzy traffic information. The book is thus of particular interest to those readers involved in aspects of model formulation, solution algorithm, equivalence analysis and numerical examples.

Author: C.-L. Hwang
Publisher: Springer Science & Business Media
ISBN: 3642455115
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
Decision making is the process of selecting a possible course of action from all the available alternatives. In almost all such problems the multiplicity of criteria for judging the alternatives is pervasive. That is, for many such problems, the decision maker (OM) wants to attain more than one objective or goal in selecting the course of action while satisfying the constraints dictated by environment, processes, and resources. Another characteristic of these problems is that the objectives are apparently non commensurable. Mathematically, these problems can be represented as: (1. 1 ) subject to: gi(~) ~ 0, ,', . . . ,. ! where ~ is an n dimensional decision variable vector. The problem consists of n decision variables, m constraints and k objectives. Any or all of the functions may be nonlinear. In literature this problem is often referred to as a vector maximum problem (VMP). Traditionally there are two approaches for solving the VMP. One of them is to optimize one of the objectives while appending the other objectives to a constraint set so that the optimal solution would satisfy these objectives at least up to a predetermined level. The problem is given as: Max f. ~) 1 (1. 2) subject to: where at is any acceptable predetermined level for objective t. The other approach is to optimize a super-objective function created by multiplying each 2 objective function with a suitable weight and then by adding them together.