Related papers: $\alpha$-Discounting Multi-Criteria Decision Makin…
Numerous techniques of multi-criteria decision-making (MCDM) have been proposed in a variety of business domains. One of the well-known methods is the Analytical Hierarchical Process (AHP). Various uncertain numbers are commonly used to…
We introduce a method for explaining the results of various linear and hierarchical multi-criteria decision-making (MCDM) techniques such as WSM and AHP. The two key ideas are (A) to maintain a fine-grained representation of the values…
The fundamental problem underlying all multi-criteria decision analysis (MCDA) problems is that of dominance between any two alternatives: "Given two alternatives A and B, each described by a set criteria, is A preferred to B with respect…
We propose a new method for analyzing a set of parameters in a multiple criteria ranking method. Unlike the existing techniques, we do not use any optimization technique, instead incorporating and extending a Segmenting Description…
This chapter describes selected reference-type multi-criteria decision-making (MCDM) methods that rank alternatives by comparing them with one or more reference solutions derived from an alternatives-criteria matrix (ACM). After explaining…
This chapter describes selected aggregation-type multi-criteria decision-making (MCDM) methods that convert an alternatives-criteria matrix (ACM) into a single performance score per alternative through additive, multiplicative or hybrid…
Multiple-Criteria Decision Making (MCDM) is a sub-discipline of Operations Research that helps decision-makers in choosing, ranking, or sorting alternatives based on conflicting criteria. Over time, its application has been expanded into…
Process mining is increasingly adopted in modern organizations, producing numerous process models that, while valuable, can lead to model overload and decision-making complexity. This paper explores a multi-criteria decision-making (MCDM)…
The supplier selection problem is based on electing the best supplier from a group of pre-specified candidates, is identified as a Multi Criteria Decision Making (MCDM), is proportionately significant in terms of qualitative and…
Machine learning has recently been widely adopted to address the managerial decision making problems, in which the decision maker needs to be able to interpret the contributions of individual attributes in an explicit form. However, there…
This paper introduces Bayesian frameworks for tackling various aspects of multi-criteria decision-making (MCDM) problems, leveraging a probabilistic interpretation of MCDM methods and challenges. By harnessing the flexibility of Bayesian…
A novel approach for solving a multiple judge, multiple criteria decision making (MCDM) problem is proposed. The ranking of alternatives that are evaluated based on multiple criteria is difficult, since the presence of multiple criteria…
The paper deals with a step-wise analytic hierarchy process (AHP) applied by a group of decision makers wherein nobody has a dominant position and it is unlikely to come to terms with respect to either the weights of different objectives or…
Reinforcement learning (RL) agents have traditionally been tasked with maximizing the value function of a Markov decision process (MDP), either in continuous settings, with fixed discount factor $\gamma < 1$, or in episodic settings, with…
Multi-criteria decision support systems are used in various fields of human activities. In every alternative multi-criteria decision making problem can be represented by a set of properties or constraints. The properties can be qualitative…
It has recently been shown that if feedback effects of decisions are ignored, then imposing fairness constraints such as demographic parity or equality of opportunity can actually exacerbate unfairness. We propose to address this challenge…
Discrimination mitigation within machine learning (ML) models could be complicated because multiple factors may be interwoven hierarchically and historically. Yet few existing fairness measures can capture the discrimination level within ML…
A vast number of systems across the world use algorithmic decision making (ADM) to (partially) automate decisions that have previously been made by humans. The downstream effects of ADM systems critically depend on the decisions made during…
Priorities in multi-criteria decision-making (MCDM) convey the relevance preference of one criterion over another, which is usually reflected by imposing the non-negativity and unit-sum constraints. The processing of such priorities is…
Fairness has become a crucial aspect in the development of trustworthy machine learning algorithms. Current fairness metrics to measure the violation of demographic parity have the following drawbacks: (i) the average difference of model…