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Article
Publication date: 13 July 2020

Jolly Puri and Meenu Verma

This paper is focused on developing an integrated algorithmic approach named as data envelopment analysis and multicriteria decision-making (DEA-MCDM) for ranking decision-making…

Abstract

Purpose

This paper is focused on developing an integrated algorithmic approach named as data envelopment analysis and multicriteria decision-making (DEA-MCDM) for ranking decision-making units (DMUs) based on cross-efficiency technique and subjective preference(s) of the decision maker.

Design/methodology/approach

Self-evaluation in data envelopment analysis (DEA) lacks in discrimination power among DMUs. To fix this, a cross-efficiency technique has been introduced that ranks DMUs based on peer-evaluation. Different cross-efficiency formulations such as aggressive and benevolent and neutral are available in the literature. The existing ranking approaches fail to incorporate subjective preference of “one” or “some” or “all” or “most” of the cross-efficiency evaluation formulations. Therefore, the integrated framework in this paper, based on DEA and multicriteria decision-making (MCDM), aims to present a ranking approach to incorporate different cross-efficiency formulations as well as subjective preference(s) of decision maker.

Findings

The proposed approach has an advantage that each of the aggressive, benevolent and neutral cross-efficiency formulations contribute to select the best alternative among the DMUs in a MCDM problem. Ordered weighted averaging (OWA) aggregation is applied to aggregate final cross-efficiencies and to achieve complete ranking of the DMUs. This new approach is further illustrated and compared with existing MCDM approaches like simple additive weighting (SAW) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) to prove its validity in real situations.

Research limitations/implications

The choice of cross-efficiency formulation(s) as per subjective preference of the decision maker and different orness levels lead to different aggregated scores and thus ranking of the DMUs accordingly. The proposed ranking approach is highly useful in real applications like R and D projects, flexible manufacturing systems, electricity distribution sector, banking industry, labor assignment and the economic environmental performances for ranking and benchmarking.

Practical implications

To prove the practical applicability and robustness of the proposed integrated DEA-MCDM approach, it is applied to top twelve Indian banks in terms of three inputs and two outputs for the period 2018–2019. The findings of the study (1) ensure the impact of non-performing assets (NPAs) on the ranking of the selected banks and (2) are enormously valuable for the bank experts and policy makers to consider the impact of peer-evaluation and subjective preference(s) in formulating appropriate policies to improve performance and ranks of underperformed banks in competitive scenario.

Originality/value

To the best of the authors’ knowledge, this is the first study that has integrated both DEA and MCDM via OWA aggregation to present a ranking approach that can incorporate different cross-efficiency formulations and subjective preference(s) of the decision maker for ranking DMUs.

Details

Data Technologies and Applications, vol. 54 no. 4
Type: Research Article
ISSN: 2514-9288

Keywords

Article
Publication date: 24 May 2013

Shouzhen Zeng

The purpose of this paper is to present a new decision making technique called the uncertain induced Minkowski OWA distance (UIMOWAD) operator.

Abstract

Purpose

The purpose of this paper is to present a new decision making technique called the uncertain induced Minkowski OWA distance (UIMOWAD) operator.

Design/methodology/approach

The developed UIMOWAD operator is a new aggregation operator that uses the IOWA operator, the Minkowski distance and interval numbers. It is an extension of the IMOWAD operator that uses uncertain information in the aggregation represented in the form of interval numbers.

Findings

The UIMOWAD operator is very suitable to deal with complex reordering processes that represent a wide range of factors in an uncertain environment that can be assessed with interval numbers.

Research limitations/implications

Clearly, this paper is devoted to the OWA operator and uncertain theory.

Practical implications

The UIMOWAD operator is applicable in a wide range of situations such as decision‐making, statistics, engineering and economics.

Originality/value

This paper fulfils an identified need to study how to make a decision according to expert's interest in uncertain environment.

Details

Kybernetes, vol. 42 no. 5
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 7 June 2021

Amir Hosein Keyhanipour and Farhad Oroumchian

Incorporating users’ behavior patterns could help in the ranking process. Different click models (CMs) are introduced to model the sophisticated search-time behavior of users…

Abstract

Purpose

Incorporating users’ behavior patterns could help in the ranking process. Different click models (CMs) are introduced to model the sophisticated search-time behavior of users among which commonly used the triple of attractiveness, examination and satisfaction. Inspired by this fact and considering the psychological definitions of these concepts, this paper aims to propose a novel learning to rank by redefining these concepts. The attractiveness and examination factors could be calculated using a limited subset of information retrieval (IR) features by the random forest algorithm, and then they are combined with each other to predicate the satisfaction factor which is considered as the relevance level.

Design/methodology/approach

The attractiveness and examination factors of a given document are usually considered as its perceived relevance and the fast scan of its snippet, respectively. Here, attractiveness and examination factors are regarded as the click-count and the investigation rate, respectively. Also, the satisfaction of a document is supposed to be the same as its relevance level for a given query. This idea is supported by the strong correlation between attractiveness-satisfaction and the examination-satisfaction. Applying random forest algorithm, the attractiveness and examination factors are calculated using a very limited set of the primitive features of query-document pairs. Then, by using the ordered weighted averaging operator, these factors are aggregated to estimate the satisfaction.

Findings

Experimental results on MSLR-WEB10K and WCL2R data sets show the superiority of this algorithm over the state-of-the-art ranking algorithms in terms of P@n and NDCG criteria. The enhancement is more noticeable in top-ranked items which are reviewed more by the users.

Originality/value

This paper proposes a novel learning to rank based on the redefinition of major building blocks of the CMs which are the attractiveness, examination and satisfactory. It proposes a method to use a very limited number of selected IR features to estimate the attractiveness and examination factors and then combines these factors to predicate the satisfactory which is regarded as the relevance level of a document with respect to a given query.

Details

International Journal of Web Information Systems, vol. 17 no. 4
Type: Research Article
ISSN: 1744-0084

Keywords

Article
Publication date: 13 September 2011

Mohammad Reza Badello, Behzad Moshiri, Babak N. Araabi and Hamed Tebianian

The purpose of this paper is to design and implement a landmine detection robot (Venus) equipped with three electromagnetic sensors and controlled by ordered weighted averaging…

Abstract

Purpose

The purpose of this paper is to design and implement a landmine detection robot (Venus) equipped with three electromagnetic sensors and controlled by ordered weighted averaging (OWA) sensor fusion approach. Higher numbers of detected mines in a fixed time interval and lower total power consumption are the achieved goals of this research.

Design/methodology/approach

OWA sensor fusion is exploited for data combination in this paper. Unlike most other landmine detection robots, Venus has three electromagnetic sensors, the positions of which can be adjusted according to the environmental conditions. Also, a novel approach for OWA weight dedication using Gaussian distribution function is applied and the whole idea is evaluated practically in several randomly mined fields. Finally, for better evaluation, performance of Venus is compared with the other two landmine detection robots.

Findings

The simulation and experimental results proved that in a predetermined interval of time, not only total energy consumption is reduced, but also by expanding the surface and the depth of influence of electromagnetic waves, the number of detected mines is considerably raised.

Social implications

In contrast to the regular demining process, which is relatively expensive and complicated, the landmine detection method proposed in this research is surprisingly simple, cost effective, and efficient. Therefore, it may be attractive for every company or organization in this field of research.

Originality/value

The paper describes research which implements and evaluates a novel control approach based on OWA sensor fusion method, a new way of using Gaussian distribution function for determining OWA weights, and also an adaptive physical configuration for sensors based on environmental conditions.

Book part
Publication date: 11 September 2020

Ronald Klimberg and Samuel Ratick

A major consequence of global environmental change is projected to be the alteration in flood periodicity, magnitude, and geographic patterns. There are a number of extant methods…

Abstract

A major consequence of global environmental change is projected to be the alteration in flood periodicity, magnitude, and geographic patterns. There are a number of extant methods designed to help identify areas vulnerable to these consequences, the construction of composite vulnerability indices prominent among them. In this paper we have implemented the Order Rated Effectiveness (ORE) model (Klimberg & Ratick, 2020) to produce composite flood vulnerability indicators through the aggregation of six constituent vulnerability indicators future projected for 204 hydrologic subbasins that cover the contiguous US. The ORE aggregation results, when compared with those obtained using the Weighted Linear Combination and Data Envelopment Analysis, provided a more robust and actionable distribution of composite vulnerability results for decision-makers when prioritizing Hydrologic Unit Codes for further analysis and for effectively and efficiently implementing adaptation and mitigation strategies to address the flooding consequences due to global climate change.

Book part
Publication date: 11 September 2020

Ronald Klimberg and Samuel Ratick

When comparing and evaluating performance, decision-makers are concerned with providing a range of effective, efficient, and fair measures that can yield representative relative…

Abstract

When comparing and evaluating performance, decision-makers are concerned with providing a range of effective, efficient, and fair measures that can yield representative relative rankings for the units being evaluated. In this chapter, we apply three multicriteria benchmarking modeling techniques – weighted linear combination, data envelopment analysis (DEA), and ordered weighted average (OWA) – to an example dataset to provide a quantitative assessment of performance. Evaluation of the results demonstrates that each of these techniques has relative strengths and shortcomings. To take advantage of the relative strengths, and avoid some of the shortcomings that we observed, we develop and assess a promising new methodological approach, the order rated effectiveness (ORE) model. ORE uses the OWA unit ratings within a DEA optimization framework to provide an overall relative performance assessment.

Article
Publication date: 29 November 2023

Na Zhang, Haiyan Wang and Zaiwu Gong

Grey target decision-making serves as a pivotal analytical tool for addressing dynamic multi-attribute group decision-making amidst uncertain information. However, the setting of

Abstract

Purpose

Grey target decision-making serves as a pivotal analytical tool for addressing dynamic multi-attribute group decision-making amidst uncertain information. However, the setting of bull's eye is frequently subjective, and each stage is considered independent of the others. Interference effects between each stage can easily influence one another. To address these challenges effectively, this paper employs quantum probability theory to construct quantum-like Bayesian networks, addressing interference effects in dynamic multi-attribute group decision-making.

Design/methodology/approach

Firstly, the bull's eye matrix of the scheme stage is derived based on the principle of group negotiation and maximum satisfaction deviation. Secondly, a nonlinear programming model for stage weight is constructed by using an improved Orness measure constraint to determine the stage weight. Finally, the quantum-like Bayesian network is constructed to explore the interference effect between stages. In this process, the decision of each stage is regarded as a wave function which occurs synchronously, with mutual interference impacting the aggregate result. Finally, the effectiveness and rationality of the model are verified through a public health emergency.

Findings

The research shows that there are interference effects between each stage. Both the dynamic grey target group decision model and the dynamic multi-attribute group decision model based on quantum-like Bayesian network proposed in this paper are scientific and effective. They enhance the flexibility and stability of actual decision-making and provide significant practical value.

Originality/value

To address issues like stage interference effects, subjective bull's eye settings and the absence of participative behavior in decision-making groups, this paper develops a grey target decision model grounded in group negotiation and maximum satisfaction deviation. Furthermore, by integrating the quantum-like Bayesian network model, this paper offers a novel perspective for addressing information fusion and subjective cognitive biases during decision-making.

Details

Grey Systems: Theory and Application, vol. 14 no. 1
Type: Research Article
ISSN: 2043-9377

Keywords

Article
Publication date: 3 November 2014

Huchang Liao, Zeshui Xu and Jiuping Xu

The purpose of this paper is to develop some weight determining methods for hesitant fuzzy multi-criterion decision making (MCDM) in which the preference information on attributes…

Abstract

Purpose

The purpose of this paper is to develop some weight determining methods for hesitant fuzzy multi-criterion decision making (MCDM) in which the preference information on attributes is collected over different periods.

Design/methodology/approach

Based on the proposed weight determining methods and dynamic hesitant fuzzy aggregation operators, an approach is developed to solve the hesitant fuzzy multi-stage multi-attribute decision-making problem where all the preference information of attributes over different periods is represented in hesitant fuzzy values.

Findings

In order to determine the weights associated with dynamic hesitant fuzzy operators, the authors propose the improved maximum entropy method and the minimum average deviation method.

Research limitations/implications

This paper does not consider the multi-stage multi-criteria group decision-making problem.

Practical implications

An example concerning the evaluation of rangelands is given to illustrate the validation and efficiency of the proposed approach. It should be stated that the proposed approach can also be implemented into other multi-stage MCDM problems.

Originality/value

The concept of hesitant fuzzy variable (HFV) is defined. Some operational laws and properties of the HFVs are given. Moreover, to fuse the multi-stage hesitant fuzzy information, the aggregation operators of hesitant fuzzy sets are extended to that of the HFVs.

Article
Publication date: 1 June 1996

Ronald R. Yager

Focuses on the applications of fuzzy set theory as a tool for the construction of multi‐criteria decision functions from specifications expressed in natural language. Starting…

218

Abstract

Focuses on the applications of fuzzy set theory as a tool for the construction of multi‐criteria decision functions from specifications expressed in natural language. Starting with the ability to represent individual criteria satisfactions in terms of membership of fuzzy subsets, shows how different types of linguistic specifications are implemented. Consideration is given to the representation of trade‐offs between criteria, quantifier‐guided aggregations, conditioned criteria and possibilistically qualified criteria.

Details

Kybernetes, vol. 25 no. 4
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 30 October 2018

Bo Yan, Jiwen Wu and Fengling Wang

The purpose of this paper is to establish an effective risk assessment approach based on the conditional value-at-risk (CVaR) in the agricultural supply chain.

Abstract

Purpose

The purpose of this paper is to establish an effective risk assessment approach based on the conditional value-at-risk (CVaR) in the agricultural supply chain.

Design/methodology/approach

This study analyzes and assesses the risks of breeding, processing, transportation and warehousing in the agricultural supply chain. The ordered weighted averaging operator is used to sort risk control factors according to their importance and determine the main risk indicators of an enterprise. The CVaR model is utilized to establish the risk loss function, and an improved genetic algorithm is employed to identify the optimal risk control portfolios in the case of the smallest risk loss.

Findings

Based on the approach, the optimal combination of risk control to minimize risk losses is determined. Results show that the proportion of capital investment in risk control differs at three confidence levels, and a large amount of money needs to be invested in the production process at the source. Thus, any attempt to control the risks inherent in the agricultural supply chain must begin with the production process at the source.

Originality/value

Supply chain risk management has become increasingly important and significant to the operation and production of enterprises in recent years. The proposed method to assess the risk in the agricultural supply chain can benefit managers in making smart decisions to control total risk.

Details

Management Decision, vol. 57 no. 7
Type: Research Article
ISSN: 0025-1747

Keywords

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