This book provides cutting-edge research results and application experiences from researchers and practitioners in multiple criteria decision making areas. It consists of three parts: MCDM Foundation and Theory, MCDM Methodology, and MCDM Applications. In Part I, it covers the historical MCDM development, the influence of MCDM on technology, society and policy, Pareto optimization, and analytical hierarchy process. In Part II, the book presents different MCDM algorithms based on techniques of robust estimating, evolutionary multiobjective optimization, Choquet integrals, and genetic search. In Part III, this book demonstrates a variety of MCDM applications, including project management, financial investment, credit risk analysis, railway transportation, online advertising, transport infrastructure, environmental pollution, chemical industry, and regional economy. The 17 papers of the book have been selected out of the 121 accepted papers at the 20th International Conference on Multiple Criteria Decision Making "New State of MCDM in 21st Century", held at Chengdu, China, in 2009. The 35 contributors of these papers stem from 10 countries.
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Part I MCDM Foundation and Theory |
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1 MCDM: In Search of New Paradigms |
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3 | (10) |
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2 Harmonizing the Omnipresence of MCDM in Technology, Society, and Policy |
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13 | (22) |
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3 Decision Making on Pareto Front Approximations with Inherent Nondominance |
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35 | (12) |
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4 A New Consistency Index for Comparison Matrices in the ANP |
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47 | (12) |
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5 Estimating the Robustness of Composite CBA and MCA Assessments by Variation of Criteria Importance Order |
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59 | (10) |
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Anders Vestergaard Jensen |
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6 Compromise Based Evolutionary Multiobjective Optimization Algorithm for Multidisciplinary Optimization |
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69 | (10) |
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7 A Lower Bound of the Choquet Integral Integrated Within Martins' Algorithm |
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79 | (12) |
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8 Penalty Rules in Multicriteria Genetic Search |
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91 | (14) |
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Part III MCDM Applications |
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9 The Bi-Criterial Approach to Project Cost and Schedule Buffers Sizing |
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105 | (10) |
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10 The Multi-Objective Alternative Assets Investment Optimization Model on Sovereign Wealth Funds Based on Risk Control |
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115 | (16) |
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11 A New Tool for Feature Extraction and Its Application to Credit Risk Analysis |
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131 | (12) |
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12 Algorithm for MCDM in Intelligent Braking Diagnostics System of Railway Transport |
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143 | (14) |
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13 The Online Advertising Types of Choices Based on DEA Method |
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157 | (10) |
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14 Examination of Decision Support Systems for Composite CBA and MCDA Assessments of Transport Infrastructure Projects |
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167 | (10) |
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Anders Vestergaard Jensen |
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15 An Entropy-Weighted Clustering Method for Environmental Pollution Assessment in China |
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177 | (12) |
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16 Unconstrained Two-Objective Land-Use Planning Based-on NSGA-II for Chemical Industry Park |
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189 | (10) |
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17 Robustness in Economic Development Studies: The Case of Tanzania |
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Edmundas Kazimieras Zavadskas |
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Yong Shi is Professor and the Executive Deputy Director, Chinese Academy of Sciences Research Center on Fictitious Economy & Data Science and a professor of Information Technology, College of Information Science and Technology, Peter Kiewit Institute, University of Nebraska. He has published more than 15 books and over 200 papers in numerous MCDM-related journals and conference proceedings. Shouyang Wang received his Ph.D. from Chinese Academy of Sciences in 1986 and is presently chair Professor of Systems Management at Academy of Mathematics and Systems Science of Chinese Academy of Sciences. He is the author or co-author of 25 books and over 200 papers in leading journals on decision analysis, financial management and economic analysis. Dr. Gang Kou is a professor of School of Management and Economics, University of Electronic Science and Technology of China and managing editor of International Journal of Information Technology & Decision Making. He has published more than eighty papers in various peer-reviewed journals and conferences. Jyrki Wallenius is Professor of Management Science at the Aalto University School of Economics, Finland. He is the President of the International Society on Multiple Criteria Decision Making and a former Editor of the European Journal of Operational Research. Wallenius serves currently as the Dean of his school. He has published some 100 papers on topics related to MCDM, decision support, negotiations, and auctions.
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