Compromise-based approach to road project selection in Madrid metropolitan area

Journal of the Operations Research Society of Japan

Volumn 46, Issue 1, 2003, Pages 99-122

  Ballestero, Enrique ^a   Antón, José Manuel ^b   Bielza, Concha ^b  

^a UNIVERSITAT POLITÈCNICA DE VALÈNCIA   (Spain)

^b UNIVERSIDAD POLITÉCNICA DE MADRID   (Spain)

Author keywords

Bayesian decision models; Compromise programming; Decision making; Road project selection; Transportation; Utility function

Indexed keywords

EID: 3242760752     PISSN: 04534514     EISSN: None     Source Type: Journal    
DOI: 10.15807/jorsj.46.99     Document Type: Article

References (47)

1. M. Alpert, and H. Raiffa: A progress report on the training of probability assessors. In D. Kahneman, P. Slovic, and A. Tversky (eds.): Judgements under Uncertainty: Heuristics and Biases (Cambridge University Press, UK, 1982) 294-305.
2. K. Arrow: Aspects of the Theory of Risk-Bearing (Academic Book Store, Helsinki, 1965).
3. E. Ballestero: Strict Uncertainty: A criterion for moderately pessimistic decision makers. Decision Sciences, 33-1 (2002) 87-107.
4. E. Ballestero, and C. Romero: Multiple Criteria Decision Making and its Economic Applications (Kluwer Academic Publishers, Boston, 1998).
5. H. Beenhakker: Risk Management in Project Finance and Implementation (Quorum Books. Westport, Connecticut, 1997).
6. C. Bielza, M. Gómez, S. Ríos-Insua, and J. A. Fdz del Pozo: Structural, elicitation and computational issues faced when solving complex decision making problems with influence diagrams. Computers & Operations Research, 27-7,8 (2000) 725-740.
7. C. Bielza, P. Müller, and D. Ríos Insua: Decision Analysis by augmented probability simulation. Management Science, 45-7 (1999) 995-1007.
8. C. Bielza, D. Ríos Insua, and S. Ríos-Insua: Influence diagrams under partial information. In J. M. Bernardo, J. Berger, P. Dawid, and A. F. M. Smith (eds.): Bayesian Statistics 5 (Oxford University Press, UK, 1996) 491-497.
9. C. Bielza, and P. P. Shenoy: A comparison of graphical techniques for asymmetric decision problems. Management Science, 45-11 (1999) 1552-1569.
10. F. Blasco, E. Cuchillo-Ibáñez, M. A. Morón, and C. Romero: On the monotonicity of the compromise set in multicriteria problems. Journal of Optimization Theory and Applications, 102-1 (1999) 69-82.
11. A. Charnes, and R. W. W. Cooper: Goal programming and multiple objective optimization. Part I. European Journal of Operational Research, 1 (1977) 39-54.
12. R. T. Clemen: Making Hard Decisions (2nd edition, Duxbury, Belmont, CA, 1996).
13. C. H. Coombs: On the use of inconsistency of preferences in psychological measurement. Journal of Experimental Psychology, 55 (1958) 1-7.
14. T. E. Copeland, and J. F. Weston: Financial Theory and Coyporate Policy (Addison-Wesley, Reading, MA, 1988).
15. S. French: Decision Theory, an Introduction to the Mathematics of Rationality (Ellis Horwood Limited, Wiley, Chichester, UK, 1986).
16. A. M. Geoffrion, J. S. Dyer, and A. Feinberg: An interactive approach for multicriterion optimization, with an application to the operation of an academic department. Management Science, 19 (1972) 357-368.
17. M. A. Gil, and M. López-Díaz: Fundamentals and Bayesian analysis of decision problems with fuzzy-valued utilities. International Journal of Approximate Reasoning, 15-3 (1996) 203-224.
18. R. A. Howard: Decision Analysis: practice and promise. Management Science, 34 (1988) 679-695.
19. R. A. Howard, and J. E. Matheson: Influence diagrams. In R. A. Howard, and J. E. Matheson (eds.): The Principles and Applications of Decision Analysis, Vol. II (Strategic Decisions Group, Palo Alto, CA, 1984), 719-762.
20. D. Kahneman, P. Slovic, and A. Tversky (eds.): Judgements under Uncertainty: Heuristics and Biases (Cambridge University Press, UK, 1982).
21. D. Keefer, and S. Bodily: Three-point approximations for continuous random variables, Management Science, 29 (1983) 595-609.
22. R. L. Keeney, and H. Raiffa: Decisions with Multiple Objectives: Preference and Value Tradeoffs (Wiley, New York, 1976).
23. A. Koutsoyiannis: Modern Microeconomics (2nd edition, The Macmillan Press Lmt., London, 1979).
24. R. D. Luce, and H. Raiffa: Games and Decisions (Wiley, New York, 1957).
25. M. W. Merkhofer: Quantifying judgmental uncertainty: Methodology, experiences, and insights, IEEE Transactions on Systems, Man and Cybernetics, SMC 17-5 (1987) 741-752.
26. A. C. Miller, and T. R. Rice: Discrete approximations of probability distributions, Management Science, 29-3 (1983) 352-363.
27. Ministerio de Fomento, Carreteras Planificación, Servicio de Planeamiento: Recomendaciones para la evaluación econó mica, coste-beneficio, de estudios y proyectos de carreteras. Actualización de la previsión del tráfico, valor del tiempo, costes de accidentes y combustibles (Madrid, 1993).
28. Ministerio de Fomento, Carreteras Planificación: Estudio informativo, N-V. Tramo: Variante Sur de la N-V entre la M-40 y la N-V al Sur de Móstoles (working paper, Madrid, 1997), 1-18.
29. M. A. Morón, C. Romero, and F. R. Ruiz del Portal: Generating well-behaved utility functions for compromise programming. Journal of Optimization Theory and Applications, 91-3 (1996) 643-649.
30. D. L. Olson: Review of empirical studies in multi-objective mathematical programming: subject reflection of non linear utility and learning. Decision Sciences, 23 (1992) 1-20.
31. J. Pearl: Probabilistic Reasoning in Intelligent Systems (Morgan Kaufmann, San Mateo, CA, 1988).
32. J. W. Pratt: Risk aversion in the small and in the large. Econometrica, 32 (1964) 112-136.
33. D. Ríos Insua: Sensitivity Analysis in Multiobjective Decision Making (Lecture Notes in Economical and Mathematical Systems 347, Springer, Berlin, 1990).
34. C. Romero, M. Tamiz, and D. F. Jones: Goal programming, compromise programming and reference point method formulations: linkages and utility interpretations. Journal of the Operational Research Society, 49 (1998) 986-991.
35. E. Rowland: Noise from urban roads, control and prediction. Journal of the Royal Town Planning Institute, 59-1 (1973) 10-13.
36. T. Saaty: How to make a decision: The analytic hierarchy process. Interfaces, 24 (1994) 19-43.
37. R. D. Shachter: Evaluating influence diagrams. Operations Research, 34-6 (1986) 871-882.
38. G. G. Shephard, and C. W. Kirkwood: Managing the judgmental probability elicitation process: A case study of analyst/manager interaction. IEEE Transactions on Engineering Management, 41 (1994) 414-425.
39. H. A. Simon: Models of a Man (Wiley, New York, 1955).
40. H. A. Simon: Rational decision making in business organisation. American Economic Review, 69 (1979) 493-513.
41. J. E. Smith: Moment methods for Decision Analysis. Management Science, 39-3 (1993) 340-358.
42. C. S. Spetzler, and C.-A. Staël von Holstein: Probability encoding in Decision Analysis. Management Science, 22 (1975) 340-358.
43. H. R. Variant: Microeconomic Analysis (W.W. Norton, New York, 1992).
44. J. von Neumann, and O. Morgenstern: Theory of Games and Economic Behavior (Princeton University Press, Princeton, NJ, 1944).
45. P. L. Yu: Multiple Criteria Decision Making: Concepts, Techniques and Extensions (Plenum Press, New York, 1985).
46. M. Zeleny: Multiple Criteria Decision Making (McGraw- Hill, New York, 1982).
47. S. Zionts, and J. Wallenius: An interactive programming method for solving the multiple criteria problem, Management Science, 22 (1976) 652-663.