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Reconciliation of Decision-Making Heuristics Based on Decision Trees Topologies and Incomplete Fuzzy Probabilities Sets

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  • Karel Doubravsky
  • Mirko Dohnal

Abstract

Complex decision making tasks of different natures, e.g. economics, safety engineering, ecology and biology, are based on vague, sparse, partially inconsistent and subjective knowledge. Moreover, decision making economists / engineers are usually not willing to invest too much time into study of complex formal theories. They require such decisions which can be (re)checked by human like common sense reasoning. One important problem related to realistic decision making tasks are incomplete data sets required by the chosen decision making algorithm. This paper presents a relatively simple algorithm how some missing III (input information items) can be generated using mainly decision tree topologies and integrated into incomplete data sets. The algorithm is based on an easy to understand heuristics, e.g. a longer decision tree sub-path is less probable. This heuristic can solve decision problems under total ignorance, i.e. the decision tree topology is the only information available. But in a practice, isolated information items e.g. some vaguely known probabilities (e.g. fuzzy probabilities) are usually available. It means that a realistic problem is analysed under partial ignorance. The proposed algorithm reconciles topology related heuristics and additional fuzzy sets using fuzzy linear programming. The case study, represented by a tree with six lotteries and one fuzzy probability, is presented in details.

Suggested Citation

  • Karel Doubravsky & Mirko Dohnal, 2015. "Reconciliation of Decision-Making Heuristics Based on Decision Trees Topologies and Incomplete Fuzzy Probabilities Sets," PLOS ONE, Public Library of Science, vol. 10(7), pages 1-18, July.
  • Handle: RePEc:plo:pone00:0131590
    DOI: 10.1371/journal.pone.0131590
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    References listed on IDEAS

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    Cited by:

    1. Radek DOSKOČIL & Karel DOUBRAVSKÝ, 2017. "Qualitative Evaluation of Knowledge Based Model of Project Time-Cost as Decision Making Support," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 51(1), pages 263-280.
    2. Karel Doubravský & Alena Kocmanová & Mirko Dohnal, 2018. "Analysis of Sustainability Decision Trees Generated by Qualitative Models Based on Equationless Heuristics," Sustainability, MDPI, vol. 10(7), pages 1-18, July.
    3. Dohnal, Mirko, 2016. "Complex biofuels related scenarios generated by qualitative reasoning under severe information shortages: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 676-684.
    4. Dohnal, Mirko & Doubravsky, Karel, 2016. "Equationless and equation-based trend models of prohibitively complex technological and related forecasts," Technological Forecasting and Social Change, Elsevier, vol. 111(C), pages 297-304.

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