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Bireference Procedure fBIP for Interactive Multicriteria Optimization with Fuzzy Coefficients

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Author Info

  • Piotr Wojewnik

    ()
    (Warsaw School of Economics)

  • Tomasz Szapiro

    ()
    (Warsaw School of Economics)

Abstract

In the paper an approach to decision making in situations with non-pointlike characterisation and subjective evaluation of the actions is considered. The decision situation is represented mathematically as fuzzy multiobjective linear programming (fMOLP) model, where we apply the reduced fuzzy matrices instead of fuzzy classical numbers. The fMOLP model with reduced parameters is decomposable into the set of point-like models and the point-like models enable effective construction of an optimisation procedure - fBIP, see Wojewnik (2006ab), extending the bireference procedure by Michalowski and Szapiro (1992). The approach is applied to a fuzzy optimization problem in the area of telecommunication services.

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Bibliographic Info

Article provided by CEJEME in its journal Central European Journal of Economic Modelling and Econometrics.

Volume (Year): 2 (2010)
Issue (Month): 3 (June)
Pages: 169-193

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Handle: RePEc:psc:journl:v:2:y:2010:i:3:p:169-193

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Related research

Keywords: decision support; multicriteria decision making; interactive optimization; fuzzy optimization;

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  1. Stanley Zionts & Jyrki Wallenius, 1983. "An Interactive Multiple Objective Linear Programming Method for a Class of Underlying Nonlinear Utility Functions," Management Science, INFORMS, vol. 29(5), pages 519-529, May.
  2. Rommelfanger, Heinrich, 1989. "Interactive decision making in fuzzy linear optimization problems," European Journal of Operational Research, Elsevier, vol. 41(2), pages 210-217, July.
  3. Mohan, C. & Nguyen, H. T., 1998. "Reference direction interactive method for solving multiobjective fuzzy programming problems," European Journal of Operational Research, Elsevier, vol. 107(3), pages 599-613, June.
  4. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-91, March.
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