IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitdm/v01y2002i02ns0219622002000166.html
   My bibliography  Save this article

Dynamic Mcdm: The Case Of Urban Infrastructure Decision Making

Author

Listed:
  • HUY V. VO

    (Department of Information and Operations Management, Texas A&M University, College Station, TX 77843-4217, USA)

  • BONGSUG CHAE

    (Department of Information and Operations Management, Texas A&M University, College Station, TX 77843-4217, USA)

  • DAVID L. OLSON

    (Department of Management, University of Nebraska, Lincoln, NE 68588-0491, USA)

Abstract

Many societal decisions involve complexity and conflicting objectives. Preferences in such environments can be expected to change as situations evolve. In this paper, we propose a procedure that incorporates Multiple Criteria Decision Making (MCDM) into system dynamics modeling to handle dynamic multiple criteria situations, which we name dynamic MCDM. A case of urban infrastructure is presented to illustrate the procedure. Dynamic MCDM can handle different lags in economic, social, economic and technical effects of large scale systems. Thus, it may help decision makers avoid selecting alternatives apparently effective in the short term, but detrimental in the long term.

Suggested Citation

  • Huy V. Vo & Bongsug Chae & David L. Olson, 2002. "Dynamic Mcdm: The Case Of Urban Infrastructure Decision Making," International Journal of Information Technology & Decision Making (IJITDM), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 269-292.
  • Handle: RePEc:wsi:ijitdm:v:01:y:2002:i:02:n:s0219622002000166
    DOI: 10.1142/S0219622002000166
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219622002000166
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S0219622002000166?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marzieh Momeni & Kourosh Behzadian & Hossein Yousefi & Sina Zahedi, 2021. "A Scenario-Based Management of Water Resources and Supply Systems Using a Combined System Dynamics and Compromise Programming Approach," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(12), pages 4233-4250, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitdm:v:01:y:2002:i:02:n:s0219622002000166. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitdm/ijitdm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.