Decision-Making in the Context of Imprecise Probabilistic Beliefs

Coherent imprecise probabilistic beliefs are modelled as incomplete comparative likelihood relations admitting a multiple-prior representation. Under a structural assumption of Equidivisibility, we provide an axiomatization of such relations and show uniqueness of the representation. In the second part of the paper, we formulate a behaviorally general axiom relating preferences and probabilistic beliefs which implies that preferences over unambiguous acts are probabilistically sophisticated and which entails representability of preferences over Savage acts in an Anscombe-Aumann-style framework. The motivation for an explicit and separate axiomatization of beliefs for the study of decision-making under ambiguity is discussed in some detail.

Multi crteria decision making and its applications : a literature review

This paper presents current techniques used in Multi Criteria Decision Making (MCDM) and their applications. Two basic approaches for MCDM, namely Artificial Intelligence MCDM (AIMCDM) and Classical MCDM (CMCDM) are discussed and investigated. Recent articles from international journals related to MCDM are collected and analyzed to find which approach is more common than the other in MCDM. Also, which area these techniques are applied to. Those articles are appearing in journals for the year 2008 only. This paper provides evidence that currently, both AIMCDM and CMCDM are equally common in MCDM

Coherent Integration of Databases by Abductive Logic Programming

We introduce an abductive method for a coherent integration of independent data-sources. The idea is to compute a list of data-facts that should be inserted to the amalgamated database or retracted from it in order to restore its consistency. This method is implemented by an abductive solver, called Asystem, that applies SLDNFA-resolution on a meta-theory that relates different, possibly contradicting, input databases. We also give a pure model-theoretic analysis of the possible ways to `recover' consistent data from an inconsistent database in terms of those models of the database that exhibit as minimal inconsistent information as reasonably possible. This allows us to characterize the `recovered databases' in terms of the `preferred' (i.e., most consistent) models of the theory. The outcome is an abductive-based application that is sound and complete with respect to a corresponding model-based, preferential semantics, and -- to the best of our knowledge -- is more expressive (thus more general) than any other implementation of coherent integration of databases

Weighted logics for artificial intelligence : an introductory discussion

International audienceBefore presenting the contents of the special issue, we propose a structured introductory overview of a landscape of the weighted logics (in a general sense) that can be found in the Artificial Intelligence literature, highlighting their fundamental differences and their application areas

Multi-criteria decision making with fuzzy TOPSIS:a case study in Bangladesh for selection of facility location

Abstract. The choice of an ideal facility location becomes essential as businesses work to streamline their processes and increase efficiency. In this study, the Fuzzy Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method is applied to choose the best facility location for Rokomari.com, a well-known Bangladeshi online book seller. The goal is to compare Fuzzy TOPSIS’ effectiveness and efficiency to expert judgment when choosing a facility location. The research begins by examining the existing fulfillment center of Rokomari.com located in Motijheel, south Dhaka, and the company’s desire to establish a new branch in north Dhaka for faster service expansion. Eleven potential alternatives are evaluated using the Fuzzy TOPSIS method, which incorporates fuzzy set theory to represent criteria values and preferences as fuzzy numbers. This approach enables the consideration of uncertainty and vagueness in decision-making, offering a more comprehensive evaluation of the facility location alternatives. The study incorporates the expert opinion of four managerial experts from Rokomari.com in addition to the Fuzzy TOPSIS analysis. To gain a thorough understanding of the decision-making process, their observations and viewpoints are contrasted with the Fuzzy TOPSIS findings. The study aims to compare the analyses produced by Fuzzy TOPSIS and expert judgment in order to assess the efficacy and efficiency of each method for choosing a facility location. The results of this study offer insightful information about the use of Fuzzy TOPSIS in the context of choosing a facility location. Additionally, it adds to the body of knowledge by contrasting the results of Fuzzy TOPSIS with professional judgment, highlighting the advantages and drawbacks of each method. The outcomes can help decision-makers at Rokomari.com and other comparable organizations choose a facility location in a knowledgeable and efficient manner

From preferences over arguments to preferences over attacks in abstract argumentation: A comparative study

International audienceDung's argumentation framework has been extended to consider preferences over arguments or over attacks, in a qualitative or in a quantitative way. In this paper, we investigate the relationships between preferences over arguments and preferences over attacks. We give conditions on the definition of preferences over attacks from preferences over arguments. Following these principles, we propose different instantiations of an AFvs (argumentation framework with attacks of various strength), when preferences over arguments are available. Our proposal is compared to existing work, particularly regarding the conditions in which the defence holds

Reasons and Means to Model Preferences as Incomplete

Literature involving preferences of artificial agents or human beings often assume their preferences can be represented using a complete transitive binary relation. Much has been written however on different models of preferences. We review some of the reasons that have been put forward to justify more complex modeling, and review some of the techniques that have been proposed to obtain models of such preferences

ISIPTA'07: Proceedings of the Fifth International Symposium on Imprecise Probability: Theories and Applications

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"Apparel Distribution:@Inter-firm Contracting and Intra-firm Organization"

Prepared for a forthcoming book on the distribution sector in Japan, this essay introduces the distribution network in the apparel industry. We note the varying patterns of cross-market contracting and intra-firm organization in the industry, and trace the economizing logic involved. More specifically, we show how the decision at the firm level of whether to integrate wholesale, retail and production depends crucially on an informational and incentive-based logic, and how that logic is in turn driven by patterns of consumer demand.