Fuzzy investment decision support for brownfield redevelopment

Tato disertační práce se zaměřuje na problematiku investování a podporu rozhodování pomocí moderních metod. Zejména pokud jde o analýzu, hodnocení a výběr tzv. brownfieldů pro jejich redevelopment (revitalizaci). Cílem této práce je navrhnout univerzální metodu, která usnadní rozhodovací proces. Proces rozhodování je v praxi komplikován též velkým počet relevantních parametrů ovlivňujících konečné rozhodnutí. Navržená metoda je založena na využití fuzzy logiky, modelování, statistické analýzy, shlukové analýzy, teorie grafů a na sofistikovaných metodách sběru a zpracování informací. Nová metoda umožňuje zefektivnit proces analýzy a porovnávání alternativních investic a přesněji zpracovat velký objem informací. Ve výsledku tak bude zmenšen počet prvků množiny nejvhodnějších alternativních investic na základě hierarchie parametrů stanovených investorem.This dissertation focuses on decision making, investing and brownfield redevelopment. Especially on the analysis, evaluation and selection of previously used real estates suitable for commercial use. The objective of this dissertation is to design a method that facilitates the decision making process with many possible alternatives and large number of relevant parameters influencing the decision. The proposed method is based on the use of fuzzy logic, modeling, statistic analysis, cluster analysis, graph theory and sophisticated methods of information collection and processing. New method allows decision makers to process much larger amount of information and evaluate possible investment alternatives efficiently.

Appropriate Models In Decision Support Systems For River Basin Management

In recent years, new ideas and techniques appear very quickly, like sustainability, adaptive management, Geographic Information System, Remote Sensing and participations of new stakeholders, which contribute a lot to the development of decision support systems in river basin management. However, the role of models still needs to be emphasized, especially for model-based decision support systems. This paper aims to find appropriate models for decision support systems. An appropriate system is defined as ‘the system can produce final outputs which enable the decision makers to distinguish different river engineering measures according to the current problem’. An appropriateness framework is proposed mainly based on uncertainty and sensitivity analysis. A flood risk model is used, as a part of the Dutch River Meuse DSS to investigate whether the appropriate framework works. The results showed that the proposed approach is applicable and helpful to find appropriate models

Polar Bear Population Forecasts: A Public-Policy Forecasting Audit

The extinction of polar bears by the end of the 21st century has been predicted and calls have been made to list them as a threatened species under the U.S. Endangered Species Act. The decision on whether or not to list rests upon forecasts of what will happen to the bears over the 21st Century. Scientific research on forecasting, conducted since the 1930s, has led to an extensive set of principles—evidence-based procedures—that describe which methods are appropriate under given conditions. The principles of forecasting have been published and are easily available. We assessed polar bear population forecasts in light of these scientific principles. Much research has been published on forecasting polar bear populations. Using an Internet search, we located roughly 1,000 such papers. None of them made reference to the scientific literature on forecasting. We examined references in the nine unpublished government reports that were prepared “…to Support U.S. Fish and Wildlife Service Polar Bear Listing Decision.” The papers did not include references to works on scientific forecasting methodology. Of the nine papers written to support the listing, we judged two to be the most relevant to the decision: Amstrup, Marcot and Douglas et al. (2007), which we refer to as AMD, and Hunter et al. (2007), which we refer to as H6 to represent the six authors. AMD’s forecasts were the product of a complex causal chain. For the first link in the chain, AMD assumed that General Circulation Models (GCMs) are valid. However, the GCM models are not valid as a forecasting method and are not reliable for forecasting at a regional level as being considered by AMD and H6, thus breaking the chain. Nevertheless, we audited their conditional forecasts of what would happen to the polar bear population assuming that the extent of summer sea ice will decrease substantially in the coming decades. AMD could not be rated against 26 relevant principles because the paper did not contain enough information. In all, AMD violated 73 of the 90 forecasting principles we were able to rate. They used two un-validated methods and relied on only one polar bear expert to specify variables, relationships, and inputs into their models. The expert then adjusted the models until the outputs conformed to his expectations. In effect, the forecasts were the opinions of a single expert unaided by forecasting principles. Based on research to date, approaches based on unaided expert opinion are inappropriate to forecasting in situations with high complexity and much uncertainty. Our audit of the second most relevant paper, H6, found that it was also based on faulty forecasting methodology. For example, it extrapolated nearly 100 years into the future on the basis of only five years of data – and data for these years were of doubtful validity. In summary, experts’ predictions, unaided by evidence-based forecasting procedures, should play no role in this decision. Without scientific forecasts of a substantial decline of the polar bear population and of net benefits from feasible policies arising from listing polar bears, a decision to list polar bears as threatened or endangered would be irresponsible.adaptation, bias, climate change, decision making, endangered species, expert opinion, evaluation, evidence-based principles, expert judgment, extinction, forecasting methods, global warming, habitat loss, mathematical models, scientific method, sea ice

Bayesian data assimilation to support informed decision-making in individualized chemotherapy

An essential component of therapeutic drug/biomarker monitoring (TDM) is to combine patient data with prior knowledge for model-based predictions of therapy outcomes. Current Bayesian forecasting tools typically rely only on the most probable model parameters (maximum a-posteriori (MAP) estimate). This MAP-based approach, however, does neither necessarily predict the most probable outcome nor does it quantify the risks of treatment inefficacy or toxicity. Bayesian data assimilation (DA) methods overcome these limitations by providing a comprehensive uncertainty quantification. We compare DA methods with MAP-based approaches and show how probabilistic statements about key markers related to chemotherapy-induced neutropenia can be leveraged for more informative decision support in individualized chemotherapy. Sequential Bayesian DA proved to be most computational efficient for handling interoccasion variability and integrating TDM data. For new digital monitoring devices enabling more frequent data collection, these features will be of critical importance to improve patient care decisions in various therapeutic areas

A novel planning approach for the water, sanitation and hygiene (WaSH) sector: the use of object-oriented bayesian networks

Conventional approaches to design and plan water, sanitation, and hygiene (WaSH) interventions are not suitable for capturing the increasing complexity of the context in which these services are delivered. Multidimensional tools are needed to unravel the links between access to basic services and the socio-economic drivers of poverty. This paper applies an object-oriented Bayesian network to reflect the main issues that determine access to WaSH services. A national Program in Kenya has been analyzed as initial case study. The main findings suggest that the proposed approach is able to accommodate local conditions and to represent an accurate reflection of the complexities of WaSH issues, incorporating the uncertainty intrinsic to service delivery processes. Results indicate those areas in which policy makers should prioritize efforts and resources. Similarly, the study shows the effects of sector interventions, as well as the foreseen impact of various scenarios related to the national Program.Preprin

Expert Elicitation for Reliable System Design

This paper reviews the role of expert judgement to support reliability assessments within the systems engineering design process. Generic design processes are described to give the context and a discussion is given about the nature of the reliability assessments required in the different systems engineering phases. It is argued that, as far as meeting reliability requirements is concerned, the whole design process is more akin to a statistical control process than to a straightforward statistical problem of assessing an unknown distribution. This leads to features of the expert judgement problem in the design context which are substantially different from those seen, for example, in risk assessment. In particular, the role of experts in problem structuring and in developing failure mitigation options is much more prominent, and there is a need to take into account the reliability potential for future mitigation measures downstream in the system life cycle. An overview is given of the stakeholders typically involved in large scale systems engineering design projects, and this is used to argue the need for methods that expose potential judgemental biases in order to generate analyses that can be said to provide rational consensus about uncertainties. Finally, a number of key points are developed with the aim of moving toward a framework that provides a holistic method for tracking reliability assessment through the design process.Comment: This paper commented in: [arXiv:0708.0285], [arXiv:0708.0287], [arXiv:0708.0288]. Rejoinder in [arXiv:0708.0293]. Published at http://dx.doi.org/10.1214/088342306000000510 in the Statistical Science (http://www.imstat.org/sts/) by the Institute of Mathematical Statistics (http://www.imstat.org

Big Data on Decision Making in Energetic Management of Copper Mining

Indexado en: Web of Science; Scopus.It is proposed an analysis of the related variables with the energetic consumption in the process of concentrate of copper; specifically ball mills and SAG. The methodology considers the analysis of great volumes of data, which allows to identify the variables of interest (tonnage, temperature and power) to reach to an improvement plan in the energetic efficiency. The correct processing of the great volumen of data, previous imputation to the null data, not informed and out of range, coming from the milling process of copper, a decision support systems integrated, it allows to obtain clear and on line information for the decision making. As results it is establish that exist correlation between the energetic consumption of the Ball and SAG Mills, regarding the East, West temperature and winding. Nevertheless, it is not observed correlation between the energetic consumption of the Ball Mills and the SAG Mills, regarding to the tonnages of feed of SAG Mill. In consequence, From the experimental design, a similarity of behavior between two groups of different mills was determined in lines process. In addition, it was determined that there is a difference in energy consumption between the mills of the same group. This approach modifies the method presented in [1].(a)http://www.univagora.ro/jour/index.php/ijccc/article/view/2784/106

Methodological Background of Decision Rules and Feedback Tools for Outcomes Management in Psychotherapy

Systems to provide feedback regarding treatment progress have been recognized as a promising method for the early identification of patients at risk for treatment failure in outpatient psychotherapy. The feedback systems presented in this article rely on decision rules to contrast the actual treatment progress of an individual patient and his or her expected treatment response (ETR). Approaches to predict the ETR on the basis of patient intake characteristics and previous treatment progress can be classified into two broad classes: Rationally derived decision rules rely on the judgments of experts, who determine the amount of progress that a patient has to achieve for a given treatment session to be considered “on track.” Empirically derived decision rules are based on expected recovery curves derived from statistical models applied to aggregated psychotherapy outcomes data. Examples of each type of decision rule and of feedback systems based on such rules are presented and reviewed