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Intelligent Strategies for Meta Multiple Criteria Decision Making
     

Intelligent Strategies for Meta Multiple Criteria Decision Making

by Thomas Hanne
 
Multiple criteria decision-making research has developed rapidly and has become a main area of research for dealing with complex decision problems which require the consideration of multiple objectives or criteria. Over the past twenty years, numerous multiple criterion decision methods have been developed which are able to solve such problems. However, the selection

Overview

Multiple criteria decision-making research has developed rapidly and has become a main area of research for dealing with complex decision problems which require the consideration of multiple objectives or criteria. Over the past twenty years, numerous multiple criterion decision methods have been developed which are able to solve such problems. However, the selection of an appropriate method to solve a particular decision problem is today's problem for a decision support researcher and decision-maker.
Intelligent Strategies for Meta Multiple Criteria Decision-Making deals centrally with the problem of the numerous MCDM methods that can be applied to a decision problem. The book refers to this as a 'meta decision problem', and it is this problem that the book analyzes. The author provides two strategies to help the decision-makers select and design an appropriate approach to a complex decision problem. Either of these strategies can be designed into a decision support system itself. One strategy is to use machine learning to design an MCDM method. This is accomplished by applying intelligent techniques, namely neural networks as a structure for approximating functions and evolutionary algorithms as universal learning methods. The other strategy is based on solving the meta decision problem interactively by selecting or designing a method suitable to the specific problem, for example, the constructing of a method from building blocks. This strategy leads to a concept of MCDM networks. Examples of this approach for a decision support system explain the possibilities of applying the elaborated techniques and their mutual interplay. The techniques outlined in the book can be used by researchers, students, and industry practitioners to better model and select appropriate methods for solving complex, multi-objective decision problems.

Editorial Reviews

Booknews
This book analyzes the "meta-decision problem"<-->the problem of the numerous MCDM methods that can be applied to a decision problem. It provides two strategies to help the decision-makers select and design an appropriate approach to a complex decision problem. One strategy is to use machine learning to design an MCDM method. The other is based on solving the meta-decision problem interactively by selecting or designing a method suitable to the specific problem. Examples of this approach explain the possibilities of applying the elaborated techniques and their mutual interplay. Specific chapters explain the meta-decision problem, and discuss neural networks, evolutionary learning, combinations of MCDM methods, loops, and applications of loops. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9781461356325
Publisher:
Springer US
Publication date:
04/30/2013
Series:
International Series in Operations Research & Management Science , #33
Edition description:
Softcover reprint of the original 1st ed. 2001
Pages:
197
Product dimensions:
6.10(w) x 9.25(h) x 0.02(d)

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