Methodological review of multicriteria optimization techniques: aplications in water resources

Multi-criteria decision analysis (MCDA) is an umbrella approach that has been applied to a wide range of natural resource management situations. This report has two purposes. First, it aims to provide an overview of advancedmulticriteriaapproaches, methods and tools. The review seeks to layout the nature of the models, their inherent strengths and limitations. Analysis of their applicability in supporting real-life decision-making processes is provided with relation to requirements imposed by organizationally decentralized and economically specific spatial and temporal frameworks. Models are categorized based on different classification schemes and are reviewed by describing their general characteristics, approaches, and fundamental properties. A necessity of careful structuring of decision problems is discussed regarding planning, staging and control aspects within broader agricultural context, and in water management in particular. A special emphasis is given to the importance of manipulating decision elements by means ofhierarchingand clustering. The review goes beyond traditionalMCDAtechniques; it describes new modelling approaches. The second purpose is to describe newMCDAparadigms aimed at addressing the inherent complexity of managing water ecosystems, particularly with respect to multiple criteria integrated with biophysical models,multistakeholders, and lack of information. Comments about, and critical analysis of, the limitations of traditional models are made to point out the need for, and propose a call to, a new way of thinking aboutMCDAas they are applied to water and natural resources management planning. These new perspectives do not undermine the value of traditional methods; rather they point to a shift in emphasis from methods for problem solving to methods for problem structuring. Literature review show successfully integrations of watershed management optimization models to efficiently screen a broad range of technical, economic, and policy management options within a watershed system framework and select the optimal combination of management strategies and associated water allocations for designing a sustainable watershed management plan at least cost. Papers show applications in watershed management model that integrates both natural and human elements of a watershed system including the management of ground and surface water sources, water treatment and distribution systems, human demands,wastewatertreatment and collection systems, water reuse facilities,nonpotablewater distribution infrastructure, aquifer storage and recharge facilities, storm water, and land use

Electre Methods: Main Features and Recent Developments

We present main characteristics of Electre family methods, designed for multiple criteria decision aiding. These methods use as a preference model an outranking relation in the set of actions - it is constructed in result of concordance and non-discordance tests involving a specific input preference information. After a brief description of the constructivist conception in which the Electre methods are inserted, we present the main features of these methods. We discuss such characteristic features as: the possibility of taking into account positive and negative reasons in the modeling of preferences, without any need for recoding the data; using of thresholds for taking into account the imperfect knowledge of data; the absence of systematic compensation between "gains" and "losses". The main weaknesses are also presented. Then, some aspects related to new developments are outlined. These are related to some new methodological developments, new procedures, axiomatic analysis, software tools, and several other aspects. The paper ends with conclusions

Preference Learning

This report documents the program and the outcomes of Dagstuhl Seminar 14101 “Preference Learning”. Preferences have recently received considerable attention in disciplines such as machine learning, knowledge discovery, information retrieval, statistics, social choice theory, multiple criteria decision making, decision under risk and uncertainty, operations research, and others. The motivation for this seminar was to showcase recent progress in these different areas with the goal of working towards a common basis of understanding, which should help to facilitate future synergies

Comparative evaluation of PROMETHEE and ELECTRE with application to sustainability assessment

The selection of robust method for sustainability assessment of companies is a challenging decision, particularly for manufacturers with high safety requirements and large number of consumers such as aerospace, automotive components and, oil & gas companies. These overriding industries consider environmental, social and governance (ESG) criteria as well as non-financial factors that have direct effect on infrastructure investments to reach monetary value for its stakeholders and development of a sustainable long term strategy for their portfolio company. These factors however may be often associated with internal and external uncertainties making it difficult to obtain precise sustainability measurement. Actually, the problem comes from addressing 'how' and 'which' questions to select a solid ranking method for sustainability assessment. In this thesis, we investigate the application of outranking based Multi-Criteria Decision Making (MCDM) methods called ELECTRE III and PROMETHEE I & II for sustainability assessment of industrial organizations. ELECTRE III is a preference based method that considers pseudo-criteria which can be applied for uncertain, imprecise and ill-determined data. PROMETHEE I is a positive and negative flow based multi-criteria method that generates partial rankings. PROMETHEE II is net flow based method and generates complete ranking for alternatives. PROMETHEE methods are more compatible with human judgments. To compare the performance of ELECTRE III and PROMETHEE I & II, we conducted a sustainability assessment case study and performed model verification and robustness analysis, model validation and sensitivity analysis. The data for the study was obtained from Sustainalytics, a firm specializing in sustainability. The results of our study show that ELECTRE III method outperforms PROMETHEE I & II and is therefore recommended for sustainability assessment of industrial organizations

Approaching Sustainability in Engineering Design with Multiple Criteria Decision Analysis

This research aimed to the establishment of a general methodological framework, via which the "fuzzy" and "debatable" goal of sustainability can be practically achieved in engineering design. In-depth literature review on the sustainability concept was first conducted in an attempt to grasp its philosophical essence from various interpretations and distinct implementations. The application of the proposed framework was addressed by developing or identifying specific building block techniques, each of which accomplish a different task, such as criteria-attribute mapping, preference modeling, and search. The proposed building block techniques were selected based on systematic comparisons among a wide range of alternative methods and tested by case studies or test problems. Sustainability is a multiplex property of an integrated system. The key to make a reality of sustainability in engineering design is to properly handle its complex nature and deeply rooted conflicts. In this work, Multiple Criteria Decision Analysis (MCDA) was proven ideal for filling the vacuum of a general operational framework. To implement this framework, a four-step procedure needs to be first performed to formulate a sustainability-oriented design into a "standard" Multiple Criteria Decision Making (MCDM) problem. The proposed attribute hierarchy "Stressor-Status-Effect-Integrality-Well-being" and the 4-class metric classification scheme could help engineers to accomplish such a task in the environmental dimension. The achievement of the final "sustainable" design relies on making appropriate decisions. A MAVT-based technique developed in this study provides a rational and informed way of solving the decision problems with a discrete set of explicitly known alternatives. For Multi-Objective Programming (MOP) problems featuring an infinite and implicitly characterized alternative space, the proposed Ordinal Ranking-based Genetic Algorithm (ORGA) offers a desired searching tool by generating uniformly sampled solutions that are feasible and globally Pareto optimal.School of Chemical Engineerin

Credit risk management of property investments through multi-criteria indicators

The economic crisis of 2008 has highlighted the ineffectiveness of the banks in their disbursement of mortgages which caused the spread of Non-Performing Loans (NPLs) with underlying real estate. With the methods stated by the Basel III agreements, aimed at improving the capital requirements of banks and determining an adequate regulatory capital, the banks without the skills required have difficulties in applying the rigid weighting coefficients structures. The aim of the work is to identify a synthetic risk index through the participatory process, in order to support the restructuring debt operations to benefit smaller banks and small and medium-sized enterprises (SME), by analyzing the real estate credit risk. The proposed synthetic risk index aims at overcoming the complexity of Basel III methodologies through the implementation of three different multi-criteria techniques. In particular, the integration of objective financial variables with subjective expert judgments into a participatory process is not that common in the reference literature and brings its benefits for reaching more approved and shared results in the debt restructuring operations procedure. Moreover, the main findings derived by the application to a real case study have demonstrated how important it is for the credit manager to have an adequate synthetic index that could lead to the avoidance of risky scenarios where several modalities to repair the credit debt occur

Multi-Criteria Decision Making in Complex Decision Environments

In the future, many decisions will either be fully automated or supported by autonomous system. Consequently, it is of high importance that we understand how to integrate human preferences correctly. This dissertation dives into the research field of multi-criteria decision making and investigates the satellite image acquisition scheduling problem and the unmanned aerial vehicle routing problem to further the research on a priori preference integration frameworks. The work will aid in the transition towards autonomous decision making in complex decision environments. A discussion on the future of pairwise and setwise preference articulation methods is also undertaken. "Simply put, a direct consequence of the improved decision-making methods is,that bad decisions more clearly will stand out as what they are - bad decisions.

A comparative study on decision-making methodology

Decision making (DM), the process of determining and selecting alternative decisions based on information and the preferences of decision makers (DMs), plays a significant role in our daily personal and professional lives. Many DM methods have been developed to assist DMs in their unique type of decision process. In this thesis, DM methods associated with two types of DM processes are studied: Decision-making under uncertainty (DMUU) and Multi-criteria decision making (MCDM). DMUU is making a decision when there are many unknowns or uncertainties about the kinds of states of nature (a complete description of the external factors) that could occur in the future to alter the outcome of a decision. DMUU has two subcategories: decision-making under strict uncertainty (DMUSU) and decision-making under risk (DMUR). Five classic DMUSU methods are Laplace’s insufficient reason principle, Wald’s Maximin, Savage’s Minimax regret, Hurwicz’s pessimism-optimism index criterion and Starr’s domain criterion. Furthermore, based on a review of the relation between a two-player game in game theory and DMUSU, Nash equilibrium is considered a method for approaching DMUSU as well. The well-known DMUR DM methods are expected monetary value, expected opportunity loss, most probable states of nature and expected utility. MCDM is a sub-discipline of operations research, where DMs evaluate multiple conflicting criteria in order to find a compromise solution subject to all the criteria. Numerous MCDM methods exist nowadays. The Analytic Hierarchy Process (AHP), the ELimination et Choix Traduisant la REalité (ELECTRE), the Preference Ranking Organization METHod for Enrichment Evaluations (PROMETHEE) and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) are the most employed of all the various MCDM methods. This PhD work focuses on presenting a comparative study of DM methods theoretically and evaluating the performance of different methods on a single decision problem. This contribution can guide DMs in gathering the relative objective and subjective information, structuring the decision problem and selecting the right DM method to make the decision that suits not only their subjective preferences, but also the objective facts. The case study used here is the selection of a sewer network construction plan. It is a representative and complex practical decision problem that requires the quality, life-cycle maintenance and performance of the selected sewer system to meet long-term planning for future climate changes and urban development. La prise de décision (DM), un processus de détermination et de sélection de décisions alternatives en fonction des informations et des préférences des décideurs (DM), apparaît largement dans notre vie personnelle et professionnelle quotidienne. Un grand nombre de méthodes DM ont été développées pour aider les DM dans leur type unique de processus de décision. Dans cette thèse, les méthodes DM associées à deux types de processus DM sont étudiées : la prise de décision sous incertitude (DMUU) et la prise de décision multicritère (MCDM). La DMUU doit prendre la décision lorsqu'il existe de nombreuses inconnues ou incertitudes sur le type d'états de la nature (une description complète des facteurs externes) qui pourraient se produire à l'avenir pour modifier le résultat d'une décision. La DMUU comprend deux sous-catégories : la prise de décision sous incertitude stricte (DMUSU) et la prise de décision sous risque (DMUR). Cinq méthodes classiques de DM pour DMUSU sont le principe de raison insuffisante de Laplace, le Waldimin Maximin, le regret Savage Minimax, le critère d'index pessimisme-optimisme de Hurwitz et le critère de domaine de Starr. En outre, l'examen de la relation entre un jeu à deux joueurs dans la théorie des jeux et l'équilibre DMUSU et Nash Equilibrium est également considéré comme l'une des méthodes pour résoudre le DMUSU. Les méthodes DM bien connues de DMUR sont la valeur monétaire attendue, la perte d'opportunité attendue, les états de nature les plus probables et l'utilité attendue. Le MCDM est une sous-discipline de la recherche opérationnelle, où les DM évaluent plusieurs critères conflictuels afin de trouver la solution compromise soumise à tous les critères. Un certain nombre de méthodes DM pour MCDM sont présentes de nos jours. Le processus de hiérarchie analytique (AHP), l'élimination et le choix traduisant la réalité (ELECTRE), les méthodes d'organisation du classement des préférences pour les évaluations d'enrichissement (PROMETHEE) et la technique de préférence par ordre de similitude et de solution idéale (TOPSIS) sont les plus choisies et utilisées des méthodes parmi toutes les différentes méthodes MCDM. Ce travail de thèse se concentre sur la présentation théorique d'une étude comparative des méthodes DM et l'évaluation des performances de différentes méthodes avec un problème de décision particulier. Cette contribution peut guider les DM à rassembler les informations relatives objectives et subjectives, à structurer le problème de décision et à sélectionner la bonne méthode de DM pour prendre la décision qui convient non seulement à leurs préférences subjectives, mais aussi aux faits objectifs. L'étude de cas utilisée ici est la sélection du plan de construction du réseau d'égouts. Il s'agit d'un problème de décision pratique représentatif et complexe qui nécessite la qualité, l'entretien du cycle de vie et les performances du réseau d'égouts sélectionné pour répondre à la planification à long terme des futurs changements climatiques et du développement urbain

The Development of a Web-based Decision Support System for the Sustainable Management of Contaminated Land

Land is a finite natural resource that is increasingly getting exhausted as a result of land contamination. Land is made up of soil and groundwater, both of which have many functions for which we depend on, including provision of food and water, supporting shelter, natural flood defence, carbon sequestration, etc. Contaminants in land also pose a number of threats to public health and the environment; other natural resources; and have detrimental effects on property such as buildings, crops and livestock. The most effective method of dealing with these contaminants is to cleanup and return the sites to beneficial use. The cleanup process involves making a choice from amongst competing remediation technologies, where the wrong choice may have disastrous economic, environmental and/or social impacts. Contaminated land management is therefore much broader than the selection and implementation of remedial solutions, and requires extensive data collection and analysis at huge costs and effort. The need for decision support in contaminated land management decision-making has long been widely recognised, and in recent years a large number of Decision Support Systems (DSS) have been developed. This thesis presents the development of a Web-based knowledge-based DSS as an integrated management framework for the risk assessment of human health from, and sustainable management of, contaminated land. The developed DSS is based on the current UK contaminated land regime, published guidelines and technical reports from the UK Environment Agency (EA) and Department for Environment, Food and Rural Affairs (DEFRA) and other Government agencies and departments. The decision-making process of the developed DSS comprises of key stages in the risk assessment and management of contaminated land: (i) preliminary qualitative risk assessment; (ii) generic quantitative risk assessment; and (iii) options appraisal of remediation technologies and remediation design. The developed DSS requires site specific details and measured contaminant concentrations from site samples as input and produces a site specific report as output. The DSS output is intended to be used as information to support with contaminated land management decision-making.Great Western Researc