메뉴 건너뛰기




Volumn 70, Issue , 2014, Pages 231-241

Stochastic multiple criteria decision making with aspiration level based on prospect stochastic dominance

Author keywords

Aspiration levels; PROMETHEE II; Prospect stochastic dominance; Prospect stochastic dominance degree; Stochastic multiple criteria decision making

Indexed keywords

BEHAVIORAL RESEARCH; DECISION MAKING; INTEGRAL EQUATIONS; NUMERICAL METHODS;

EID: 84908481239     PISSN: 09507051     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.knosys.2014.07.005     Document Type: Article
Times cited : (45)

References (67)
  • 1
    • 0000341006 scopus 로고    scopus 로고
    • Parameter-free elicitation of utilities and probability weighting functions
    • M. Abdellaoui Parameter-free elicitation of utilities and probability weighting functions Manage. Sci. 46 2000 1497 1512
    • (2000) Manage. Sci. , vol.46 , pp. 1497-1512
    • Abdellaoui, M.1
  • 2
    • 38549139136 scopus 로고    scopus 로고
    • Loss aversion under prospect theory: A parameter-free measurement
    • M. Abdellaoui, H. Bleichrodt, and C. Paraschiv Loss aversion under prospect theory: a parameter-free measurement Manage. Sci. 53 2007 1659 1674
    • (2007) Manage. Sci. , vol.53 , pp. 1659-1674
    • Abdellaoui, M.1    Bleichrodt, H.2    Paraschiv, C.3
  • 3
    • 0005183571 scopus 로고
    • Theory of risk aversion
    • Markham Publishing Chicago (Chapter 3)
    • K.J. Arrow Theory of risk aversion Essays in the Theory of Risk Bearing 1971 Markham Publishing Chicago (Chapter 3)
    • (1971) Essays in the Theory of Risk Bearing
    • Arrow, K.J.1
  • 5
    • 33747755745 scopus 로고    scopus 로고
    • A decision support system for product design selection: A generalized purchase modeling approach
    • B. Besharati, S. Azarm, and P.K. Kannan A decision support system for product design selection: a generalized purchase modeling approach Decis. Support Syst. 42 2006 333 350
    • (2006) Decis. Support Syst. , vol.42 , pp. 333-350
    • Besharati, B.1    Azarm, S.2    Kannan, P.K.3
  • 6
    • 67649961830 scopus 로고    scopus 로고
    • Additive utility in prospect theory
    • H. Bleichrodt, U. Schmidt, and H. Zank Additive utility in prospect theory Manage. Sci. 55 2009 863 873
    • (2009) Manage. Sci. , vol.55 , pp. 863-873
    • Bleichrodt, H.1    Schmidt, U.2    Zank, H.3
  • 7
    • 0000233556 scopus 로고    scopus 로고
    • Bounded rationality in individual decision making
    • C. Camerer Bounded rationality in individual decision making Exp. Econ. 1 1998 163 183
    • (1998) Exp. Econ. , vol.1 , pp. 163-183
    • Camerer, C.1
  • 8
    • 0024085043 scopus 로고
    • An outranking method under uncertainty
    • G. D'Avignon, and P. Vincke An outranking method under uncertainty Eur. J. Oper. Res. 36 1988 311 321
    • (1988) Eur. J. Oper. Res. , vol.36 , pp. 311-321
    • D'Avignon, G.1    Vincke, P.2
  • 9
    • 27744450674 scopus 로고    scopus 로고
    • A simulation-based test of stochastic multicriteria acceptability analysis using achievement functions
    • I. Durbach A simulation-based test of stochastic multicriteria acceptability analysis using achievement functions Eur. J. Oper. Res. 170 2006 923 934
    • (2006) Eur. J. Oper. Res. , vol.170 , pp. 923-934
    • Durbach, I.1
  • 10
    • 50349094267 scopus 로고    scopus 로고
    • On the estimation of a satisfying model of choice using stochastic multicriteria acceptability analysis
    • I. Durbach On the estimation of a satisfying model of choice using stochastic multicriteria acceptability analysis Omega 37 2009 497 509
    • (2009) Omega , vol.37 , pp. 497-509
    • Durbach, I.1
  • 11
    • 58849103433 scopus 로고    scopus 로고
    • The use of the SMAA acceptability index in descriptive decision analysis
    • I. Durbach The use of the SMAA acceptability index in descriptive decision analysis Eur. J. Oper. Res. 196 2009 1229 1237
    • (2009) Eur. J. Oper. Res. , vol.196 , pp. 1229-1237
    • Durbach, I.1
  • 12
    • 77955558709 scopus 로고    scopus 로고
    • A method for stochastic multiple criteria decision making based on comparisons of alternatives with random evaluations
    • Z.P. Fan, Y. Liu, and B. Feng A method for stochastic multiple criteria decision making based on comparisons of alternatives with random evaluations Eur. J. Oper. Res. 207 2010 906 915
    • (2010) Eur. J. Oper. Res. , vol.207 , pp. 906-915
    • Fan, Z.P.1    Liu, Y.2    Feng, B.3
  • 13
    • 84893648815 scopus 로고    scopus 로고
    • Multiple attribute decision making considering aspiration-levels: A method based on prospect theory
    • Z.P. Fan, X. Zhang, F.D. Chen, and Y. Liu Multiple attribute decision making considering aspiration-levels: a method based on prospect theory Comput. Indust. Eng. 65 2013 341 350
    • (2013) Comput. Indust. Eng. , vol.65 , pp. 341-350
    • Fan, Z.P.1    Zhang, X.2    Chen, F.D.3    Liu, Y.4
  • 15
    • 0032353368 scopus 로고    scopus 로고
    • An empirical analysis of term premiums using significance tests for stochastic dominance
    • G. Fisher, D. Willson, and K. Xu An empirical analysis of term premiums using significance tests for stochastic dominance Econ. Lett. 60 1998 195 203
    • (1998) Econ. Lett. , vol.60 , pp. 195-203
    • Fisher, G.1    Willson, D.2    Xu, K.3
  • 16
    • 52049091538 scopus 로고    scopus 로고
    • An application of the TODIM method to the multicriteria rental evaluation of residential properties
    • L.F.A.M. Gomes, and L.A.D. Rangel An application of the TODIM method to the multicriteria rental evaluation of residential properties Eur. J. Oper. Res. 193 1 2009 204 211
    • (2009) Eur. J. Oper. Res. , vol.193 , Issue.1 , pp. 204-211
    • Gomes, L.F.A.M.1    Rangel, L.A.D.2
  • 17
    • 0030105047 scopus 로고    scopus 로고
    • The application of fuzzy integrals in multicriteria decision making
    • M. Grabisch The application of fuzzy integrals in multicriteria decision making Eur. J. Oper. Res. 89 1996 445 456
    • (1996) Eur. J. Oper. Res. , vol.89 , pp. 445-456
    • Grabisch, M.1
  • 19
    • 84963089164 scopus 로고
    • The efficiency analysis of choices involving risk
    • G. Hanoch, and H. Levy The efficiency analysis of choices involving risk Rev. Econ. Stud. 36 1969 335 346
    • (1969) Rev. Econ. Stud. , vol.36 , pp. 335-346
    • Hanoch, G.1    Levy, H.2
  • 20
    • 84959802665 scopus 로고
    • Stochastic dominance rules for multiattribute utility functions
    • C.C. Huang, D. Kira, and I. Vertinsky Stochastic dominance rules for multiattribute utility functions Rev. Econ. Stud. 41 1978 611 616
    • (1978) Rev. Econ. Stud. , vol.41 , pp. 611-616
    • Huang, C.C.1    Kira, D.2    Vertinsky, I.3
  • 21
    • 0000145047 scopus 로고
    • Comparative statics for rank-dependent expected utility theory
    • Q. John Comparative statics for rank-dependent expected utility theory J. Risk Uncertain. 4 1991 39 50
    • (1991) J. Risk Uncertain. , vol.4 , pp. 39-50
    • John, Q.1
  • 22
    • 0000125532 scopus 로고
    • Prospect theory: An analysis of decisions under risk
    • D. Kahneman, and A. Tversky Prospect theory: an analysis of decisions under risk Econometrica 47 1979 263 291
    • (1979) Econometrica , vol.47 , pp. 263-291
    • Kahneman, D.1    Tversky, A.2
  • 23
    • 73149099439 scopus 로고    scopus 로고
    • Development of fuzzy process accuracy index for decision making problems
    • I. Kaya, and C. Kahraman Development of fuzzy process accuracy index for decision making problems Inform. Sci. 180 2010 861 872
    • (2010) Inform. Sci. , vol.180 , pp. 861-872
    • Kaya, I.1    Kahraman, C.2
  • 25
    • 0037449050 scopus 로고    scopus 로고
    • Ordinal criteria in stochastic multicriteria acceptability analysis (SMAA)
    • R. Lahdelma, K. Miettinen, and P. Salminen Ordinal criteria in stochastic multicriteria acceptability analysis (SMAA) Eur. J. Oper. Res. 147 2003 117 127
    • (2003) Eur. J. Oper. Res. , vol.147 , pp. 117-127
    • Lahdelma, R.1    Miettinen, K.2    Salminen, P.3
  • 27
    • 0000936944 scopus 로고    scopus 로고
    • SMAA - Stochastic multiobjective acceptability analysis
    • R. Lahdelma, J. Hokkanen, and P. Salminen SMAA - stochastic multiobjective acceptability analysis Eur. J. Oper. Res. 106 1998 137 143
    • (1998) Eur. J. Oper. Res. , vol.106 , pp. 137-143
    • Lahdelma, R.1    Hokkanen, J.2    Salminen, P.3
  • 28
    • 0035328540 scopus 로고    scopus 로고
    • SMAA-2: Stochastic multicriteria acceptability analysis for group decision making
    • R. Lahdelma, and P. Salminen SMAA-2: stochastic multicriteria acceptability analysis for group decision making Oper. Res. 49 2001 444 454
    • (2001) Oper. Res. , vol.49 , pp. 444-454
    • Lahdelma, R.1    Salminen, P.2
  • 29
    • 60649093683 scopus 로고    scopus 로고
    • Prospect theory and stochastic multicriteria acceptability analysis (SMAA)
    • R. Lahdelma, and P. Salminen Prospect theory and stochastic multicriteria acceptability analysis (SMAA) Omega 37 2009 961 971
    • (2009) Omega , vol.37 , pp. 961-971
    • Lahdelma, R.1    Salminen, P.2
  • 30
    • 0001631126 scopus 로고
    • Stochastic dominance and expected utility: Survey and analysis
    • H. Levy Stochastic dominance and expected utility: survey and analysis Manage. Sci. 38 1992 555 593
    • (1992) Manage. Sci. , vol.38 , pp. 555-593
    • Levy, H.1
  • 31
    • 0032392007 scopus 로고    scopus 로고
    • Stochastic dominance and prospect dominance with subjective weighting functions
    • H. Levy, and Z. Wiener Stochastic dominance and prospect dominance with subjective weighting functions J. Risk Uncertain. 16 2 1998 147 163
    • (1998) J. Risk Uncertain. , vol.16 , Issue.2 , pp. 147-163
    • Levy, H.1    Wiener, Z.2
  • 32
    • 79960190090 scopus 로고    scopus 로고
    • A method for stochastic multiple criteria decision making based on dominance degrees
    • Y. Liu, Z.P. Fan, and Y. Zhang A method for stochastic multiple criteria decision making based on dominance degrees Inform. Sci. 181 2011 4139 4153
    • (2011) Inform. Sci. , vol.181 , pp. 4139-4153
    • Liu, Y.1    Fan, Z.P.2    Zhang, Y.3
  • 33
    • 0026941054 scopus 로고
    • An aspiration-level interactive model for multiple criteria decision making
    • V. Lotfi, and T.J. Stewart An aspiration-level interactive model for multiple criteria decision making Comput. Oper. Res. 19 7 1992 671 687
    • (1992) Comput. Oper. Res. , vol.19 , Issue.7 , pp. 671-687
    • Lotfi, V.1    Stewart, T.J.2
  • 34
    • 0000414260 scopus 로고
    • The utility of wealth
    • H.M. Markowitz The utility of wealth J. Polit. Econ. 60 1952 151 158
    • (1952) J. Polit. Econ. , vol.60 , pp. 151-158
    • Markowitz, H.M.1
  • 36
    • 0020128635 scopus 로고
    • Projects ordering with multicriteria analysis
    • J.M. Martel, and G. D'Avignon Projects ordering with multicriteria analysis Eur. J. Oper. Res. 10 1982 56 69
    • (1982) Eur. J. Oper. Res. , vol.10 , pp. 56-69
    • Martel, J.M.1    D'Avignon, G.2
  • 37
    • 0345503307 scopus 로고
    • Stochastic dominance in multicriteria analysis under risk
    • J.M. Martel, and K. Zaras Stochastic dominance in multicriteria analysis under risk Theory Decis. 39 1995 31 49
    • (1995) Theory Decis. , vol.39 , pp. 31-49
    • Martel, J.M.1    Zaras, K.2
  • 38
    • 0039523320 scopus 로고    scopus 로고
    • A fuzzy filtering method applied to power distribution planning
    • M.A. Matos A fuzzy filtering method applied to power distribution planning Fuzzy Sets Syst. 102 1999 53 58
    • (1999) Fuzzy Sets Syst. , vol.102 , pp. 53-58
    • Matos, M.A.1
  • 39
    • 2642541668 scopus 로고    scopus 로고
    • Preference and veto thresholds in multicriteria analysis based on stochastic dominance
    • M. Nowak Preference and veto thresholds in multicriteria analysis based on stochastic dominance Eur. J. Oper. Res. 158 2004 339 350
    • (2004) Eur. J. Oper. Res. , vol.158 , pp. 339-350
    • Nowak, M.1
  • 40
    • 15544376658 scopus 로고    scopus 로고
    • Interactive approach in multicriteria analysis based on stochastic dominance
    • M. Nowak Interactive approach in multicriteria analysis based on stochastic dominance Control Cybernet. 33 2004 463 476
    • (2004) Control Cybernet. , vol.33 , pp. 463-476
    • Nowak, M.1
  • 41
    • 33748920682 scopus 로고    scopus 로고
    • INSDECM - An interactive procedure for stochastic multicriteria decision problems
    • M. Nowak INSDECM - an interactive procedure for stochastic multicriteria decision problems Eur. J. Oper. Res. 175 2006 1413 1430
    • (2006) Eur. J. Oper. Res. , vol.175 , pp. 1413-1430
    • Nowak, M.1
  • 42
    • 33750724706 scopus 로고    scopus 로고
    • Aspiration level approach in stochastic MCDM problems
    • M. Nowak Aspiration level approach in stochastic MCDM problems Eur. J. Oper. Res. 177 2007 1626 1640
    • (2007) Eur. J. Oper. Res. , vol.177 , pp. 1626-1640
    • Nowak, M.1
  • 44
    • 0032818886 scopus 로고    scopus 로고
    • Multiple attribute decision analysis for ecosystem management
    • T. Prato Multiple attribute decision analysis for ecosystem management Ecol. Econ. 30 2 1999 207 222
    • (1999) Ecol. Econ. , vol.30 , Issue.2 , pp. 207-222
    • Prato, T.1
  • 46
    • 84990610661 scopus 로고
    • Testing prospect theory in a deterministic multiple criteria decision-making environment
    • P. Salminen, and J. Wallenius Testing prospect theory in a deterministic multiple criteria decision-making environment Decis. Sci. 24 2 1993 279 294
    • (1993) Decis. Sci. , vol.24 , Issue.2 , pp. 279-294
    • Salminen, P.1    Wallenius, J.2
  • 48
    • 38849152926 scopus 로고    scopus 로고
    • Risk aversion in cumulative prospect theory
    • U. Schmidt, and H. Zank Risk aversion in cumulative prospect theory Manage. Sci. 54 1 2008 208 216
    • (2008) Manage. Sci. , vol.54 , Issue.1 , pp. 208-216
    • Schmidt, U.1    Zank, H.2
  • 49
    • 84908479523 scopus 로고
    • Review of some aspects of theory of risk bearing by K.J. Arrow
    • J.E. Stiglitz Review of some aspects of theory of risk bearing by K.J. Arrow Econometrica 38 1970
    • (1970) Econometrica , vol.38
    • Stiglitz, J.E.1
  • 50
    • 0030105722 scopus 로고    scopus 로고
    • InterQuad: An interactive quad tree based procedure for solving the discrete alternative multiple criteria problem
    • M. Sun, and R.E. Steuer InterQuad: an interactive quad tree based procedure for solving the discrete alternative multiple criteria problem Eur. J. Oper. Res. 89 3 1996 462 472
    • (1996) Eur. J. Oper. Res. , vol.89 , Issue.3 , pp. 462-472
    • Sun, M.1    Steuer, R.E.2
  • 51
    • 34247584075 scopus 로고    scopus 로고
    • Elevator planning with stochastic multicriteria acceptability analysis
    • T. Tervonen, H. Hakonen, and R. Lahdelma Elevator planning with stochastic multicriteria acceptability analysis Omega 36 2008 352 362
    • (2008) Omega , vol.36 , pp. 352-362
    • Tervonen, T.1    Hakonen, H.2    Lahdelma, R.3
  • 52
    • 33751010777 scopus 로고    scopus 로고
    • Implementing stochastic multicriteria acceptability analysis
    • T. Tervonen, and R. Lahdelma Implementing stochastic multicriteria acceptability analysis Eur. J. Oper. Res. 178 2007 500 513
    • (2007) Eur. J. Oper. Res. , vol.178 , pp. 500-513
    • Tervonen, T.1    Lahdelma, R.2
  • 53
    • 0019392722 scopus 로고
    • The framing of decisions and the psychology of choice
    • A. Tversky, and D. Kahneman The framing of decisions and the psychology of choice Science 211 1981 453 458
    • (1981) Science , vol.211 , pp. 453-458
    • Tversky, A.1    Kahneman, D.2
  • 54
    • 0001076162 scopus 로고
    • Loss aversion in riskless choice: A reference-dependent model
    • A. Tversky, and D. Kahneman Loss aversion in riskless choice: a reference-dependent model Quart. J. Econ. 106 4 1991 1039 1061
    • (1991) Quart. J. Econ. , vol.106 , Issue.4 , pp. 1039-1061
    • Tversky, A.1    Kahneman, D.2
  • 55
    • 31744450082 scopus 로고
    • Advances in prospect theory: Cumulative representation of uncertainty
    • A. Tversky, and D. Kahneman Advances in prospect theory: cumulative representation of uncertainty J. Risk Uncertain. 5 4 1992 297 323
    • (1992) J. Risk Uncertain. , vol.5 , Issue.4 , pp. 297-323
    • Tversky, A.1    Kahneman, D.2
  • 56
    • 0000372281 scopus 로고
    • A preference ranking organization method: The PROMETHEE method for MCDM
    • J.P. Vincke, and P. Brans A preference ranking organization method: The PROMETHEE method for MCDM Manage. Sci. 31 1985 641 656
    • (1985) Manage. Sci. , vol.31 , pp. 641-656
    • Vincke, J.P.1    Brans, P.2
  • 58
    • 33748423130 scopus 로고    scopus 로고
    • The aspiration level interactive method (AIM) reconsidered: Robustness of solutions
    • J.G. Wang, and S. Zionts The aspiration level interactive method (AIM) reconsidered: robustness of solutions Eur. J. Oper. Res. 175 2 2006 948 958
    • (2006) Eur. J. Oper. Res. , vol.175 , Issue.2 , pp. 948-958
    • Wang, J.G.1    Zionts, S.2
  • 59
    • 61849086900 scopus 로고    scopus 로고
    • An empirical test of gain-loss separability in prospect theory
    • G. Wu, and A.B. Markle An empirical test of gain-loss separability in prospect theory Manage. Sci. 54 7 2008 1322 1335
    • (2008) Manage. Sci. , vol.54 , Issue.7 , pp. 1322-1335
    • Wu, G.1    Markle, A.B.2
  • 60
    • 49849102490 scopus 로고    scopus 로고
    • Kansei evaluation based on prioritized multi-attribute fuzzy target-oriented decision analysis
    • H.B. Yan, V.N. Huynh, T. Murai, and Y. Nakamori Kansei evaluation based on prioritized multi-attribute fuzzy target-oriented decision analysis Inform. Sci. 178 21 2008 4080 4093
    • (2008) Inform. Sci. , vol.178 , Issue.21 , pp. 4080-4093
    • Yan, H.B.1    Huynh, V.N.2    Murai, T.3    Nakamori, Y.4
  • 61
    • 0035261809 scopus 로고    scopus 로고
    • Cumulative prospect theory for parametric and multiattribute utilities
    • H. Zank Cumulative prospect theory for parametric and multiattribute utilities Math. Oper. Res. 26 1 2001 67 81
    • (2001) Math. Oper. Res. , vol.26 , Issue.1 , pp. 67-81
    • Zank, H.1
  • 62
    • 1442336363 scopus 로고    scopus 로고
    • Rough approximation of pairwise comparisons described by multi-attribute stochastic dominance
    • K. Zaras Rough approximation of pairwise comparisons described by multi-attribute stochastic dominance J. Multi-Criteria Decis. Anal. 8 1999 291 297
    • (1999) J. Multi-Criteria Decis. Anal. , vol.8 , pp. 291-297
    • Zaras, K.1
  • 63
    • 0035314028 scopus 로고    scopus 로고
    • Rough approximation of a preference relation by a multi-attribute stochastic dominance for determinist and stochastic evaluation problems
    • K. Zaras Rough approximation of a preference relation by a multi-attribute stochastic dominance for determinist and stochastic evaluation problems Eur. J. Oper. Res. 130 2001 305 314
    • (2001) Eur. J. Oper. Res. , vol.130 , pp. 305-314
    • Zaras, K.1
  • 64
    • 2942635668 scopus 로고    scopus 로고
    • Rough approximation of a preference relation by a multi-attribute dominance for deterministic, stochastic and fuzzy decision problems
    • K. Zaras Rough approximation of a preference relation by a multi-attribute dominance for deterministic, stochastic and fuzzy decision problems Eur. J. Oper. Res. 159 2004 196 206
    • (2004) Eur. J. Oper. Res. , vol.159 , pp. 196-206
    • Zaras, K.1
  • 65
    • 0342357044 scopus 로고
    • Multiattribute analysis based on stochastic dominance
    • B. Munier, M.J. Machina, Kluwer Academic Publishers Dordrecht
    • K. Zaras, and J.M. Martel Multiattribute analysis based on stochastic dominance B. Munier, M.J. Machina, Models and Experiments in Risk and Rationality 1994 Kluwer Academic Publishers Dordrecht 225 248
    • (1994) Models and Experiments in Risk and Rationality , pp. 225-248
    • Zaras, K.1    Martel, J.M.2
  • 66
    • 2642559900 scopus 로고    scopus 로고
    • Multicriteria analysis based on stochastic and probability dominance in measuring quality of life
    • T. Trzaskalik, J. Michnik, Physica-Verlag Heidelberg
    • M. Zawisza, and G. Trzpiot Multicriteria analysis based on stochastic and probability dominance in measuring quality of life T. Trzaskalik, J. Michnik, Multiple Objective and Goal Programming. Recent Developments 2002 Physica-Verlag Heidelberg 412 423
    • (2002) Multiple Objective and Goal Programming. Recent Developments , pp. 412-423
    • Zawisza, M.1    Trzpiot, G.2
  • 67
    • 77950593239 scopus 로고    scopus 로고
    • A method based on stochastic dominance degrees for stochastic multiple criteria decision making
    • Y. Zhang, Z.P. Fan, and Y. Liu A method based on stochastic dominance degrees for stochastic multiple criteria decision making Comput. Indust. Eng. 58 2010 544 552
    • (2010) Comput. Indust. Eng. , vol.58 , pp. 544-552
    • Zhang, Y.1    Fan, Z.P.2    Liu, Y.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.