Information entropy, continuous improvement, and US energy performance: a novel stochastic-entropic analysis for ideal solutions (SEA-IS)

To address the gap in energy performance studies regarding the role of information entropy in feedback processes between input and output slacks, the paper develops a novel Stochastic-Entropic Analysis for Ideal Solutions (SEA-IS) model. The non-linear stochastic optimization model is then applied to assess the potential information gains that may arise from energy slacks minimization given the different optimal reduction quantiles in US states. The model relies on Beta distributed priors to model the odds-ratio of learning feedback and takes advantages of numerous strengths present in DEA and TOPSIS approaches for performance management. Machine learning methods are also employed to predict information gains in terms of contextual variables. We find that California is the only U.S. state that has indicate strong mutual information feedback and continuous improvements in efficiency. The results indicate there is ample scope for harnessing the power of information gains in improving energy efficiency, particularly in 37 U.S. states, which indicates scope for a public–private partnership to achieve this goal.https://link.springer.com/journal/10479hj2023Economic

VIKOR Technique:A Systematic Review of the State of the Art Literature on Methodologies and Applications

The main objective of this paper is to present a systematic review of the VlseKriterijuska Optimizacija I Komoromisno Resenje (VIKOR) method in several application areas such as sustainability and renewable energy. This study reviewed a total of 176 papers, published in 2004 to 2015, from 83 high-ranking journals; most of which were related to Operational Research, Management Sciences, decision making, sustainability and renewable energy and were extracted from the “Web of Science and Scopus” databases. Papers were classified into 15 main application areas. Furthermore, papers were categorized based on the nationalities of authors, dates of publications, techniques and methods, type of studies, the names of the journals and studies purposes. The results of this study indicated that more papers on VIKOR technique were published in 2013 than in any other year. In addition, 13 papers were published about sustainability and renewable energy fields. Furthermore, VIKOR and fuzzy VIKOR methods, had the first rank in use. Additionally, the Journal of Expert Systems with Applications was the most significant journal in this study, with 27 publications on the topic. Finally, Taiwan had the first rank from 22 nationalities which used VIKOR technique