Compromise Hypersphere for Multi-Criteria Dynamic Programming

Autor:	Sebastian Sitarz
Rok vydání:	2015
Předmět:	Dynamic programming Mathematical optimization Process (engineering) Risk aversion media_common.quotation_subject Compromise Rank (computer programming) Hypersphere Function (engineering) Focus (optics) media_common Mathematics
Zdroj:	International Journal of Information Engineering and Electronic Business. 7:1-7
ISSN:	2074-9031 2074-9023
DOI:	10.5815/ijieeb.2015.01.01
Popis:	The paper considers multi-criteria dynamic decision process. We focus on the efficient realizations of the dynamic process which are characterized by non- dominated values of the multi-period criteria function. The aim of the paper is to use the compromise hypersphere method to rank the efficient realizations. The presented method allows us to take into account the risk aversion of the decision maker. Moreover, we apply the presented theory in the market model taken from microeconomic theory. Index Terms—Dynamic programming, multi-criteria decision making, compromise hypersphere.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::970443e6bfe0dd8c5da8fdbdf201d070 https://doi.org/10.5815/ijieeb.2015.01.01 Zobrazit plný text záznamu