![]() |
![]() |
|
|
On the Mathematical DEA-MCDM Relationship
Per J. Agrell
This presentation solidifies the bounds between the non-parametric data envelopment
analysis (DEA) models for efficiency analysis and multi-criteria decision making
models for the linear and non-linear case. By drawing on the properties of a partial
Lagrangean relaxation, a correspondence is shown between the CCR, BCC and free
disposable hull (FDH) models in DEA and the MCDM model. One of the implications is a
characterization that verifies the sufficiency of the weighted scalarizing function,
even for the non-convex case FDH. Thus, an input/output-oriented model is shown to be
equivalent to a maximization of the weighted input/output, subject to production space
feasibility. The discussion extends to the recent developments: the free replicability
hull (FRH), an intermediate form ERH and the non-convex models by Petersen (1990).
The FRH model is shown to be a true MIP, whereas the latter can be characterized as
the CCR and BCC models.
Return to presentations
Return to workshop program
Multicriterial Ranking Methods for Evaluating
Bank Branch Performance
Fuad Aleskerov
For evaluating the performance of bank branches, 15 multicriterial ranking methods are
suggested. The methods are classified into 6 groups: methods using upper and lower
contour sets, methods using tournement matrices, methods using value function,
q-paretian procedures, procedures using approximation of pareto relation, and methods
using data envelopment analysis. For the first five groups of methods, to make the
results more robust with respect to deviations in the data the insensitivity threshold
concept is introduced. It allows to compare not point-wise evaluations of alternatives
with respect to multiple criteria, but compare intervals in which unknown evaluations
are set up. The methods are explained via an illustrative example, and are applied to
real life data for retail bank branches of a large commercial bank in Turkey. The
obtained rankings are compared using Hemming’s distance and pseudo-metric. A software
has been developed to implement these methods. Two versions of software are in use:
with 500 alternatives and 30 criteria, and with 800 alternatives and 10 criteria.
Keywords: Multicriterial Ranking Methods; Insensitivity Threshold;
Bank Branches; Bank Performance
Return to presentations
Return to workshop program
Group Decisions in the Computer Supported Collaborative
Design (CSCD) Using AHP
Nigan Bayazit
The objective of this paper is to shed some light to the problems and benefits of
Computer Supported Cooperative Design Decisions. Different role relationships in the
design team create a different kind of correspondence between the members of the
design team. The role of group in decision making is the main subject of this paper.
AHP can be used as a decision support program for design stages during the
design process.
Analytic hierarchy process is developed by Thomas L. Saaty who introduced a method
of assigning weights to categories based on paired comparisons. In this process the
choices depend on the individuals' expertise and the group relations. Therefore,
the logic of choice does not always depend on the descriptive qualities of the
computer program. Passing messages and information while working in a group in front
of a computer is different from the working around a table in a face to face decision
making group.
Computer Supported Cooperative Design issues is important in educational and
professional context. Organizational parameters of the computer network also influence
the types of correspondence on design problems. These parameters are the number of the
participants on a design problem, the hierarchical system of the organization, the job
structure and stages of the design problem.
In front of a computer, communication channels influence the learning process for
socialization and learning processes of cognitive understanding. These differences in
the learning process need further investigations.
Return to presentations
Return to workshop program
Measurement and Evaluation of Store Performance
Based on Multiple Criteria
Altan Cöner
This study is based on a field research conducted at 20 large size retail stores
and 5 department stores in Istanbul. The field research and the empirical study
conducted covered all facets of store operations such as location, store windows,
size, effectiveness of sales force, merchandizing, in-store promotions, store interior
design, inventory availability and selection, pricing policies, customer service and
after sales service. The performance of the stores based upon such multiple criteria
was evaluated and points were assigned for each criterion. Finally the overall
performance scores were compared to the firm's financial performance. It is observed
that there is a high correlation between performance scores and financial
performance/profitability.
Return to presentations
Return to workshop program
Measuring Relative Financial Efficiency
of the Organizations
Ahmet Burak Emel
This study proposes a method for financial performance analysis. Traditional financial
ratio analysis examines one ratio at a time. In this study, to enrich the
unidimensional nature of ratio analysis, Data Envelopment Analysis (DEA) is used to
measure relative financial efficiencies of organizations via ratios computed from
their financial statements. DEA allows decision-makers to make a multiple-criterion
financial analysis as well as to integrate overall performance into a single financial
efficiency score. An empirical study was conducted to analyse the performance of a
group of companies in a selected sector. To identify the financial ratios to be used in
DEA, first a large set of financial ratios are scanned and grouped using factor
analysis. Variables, selected from different principal factors, are used in the
scoring function in order to consider the multidimensional structure of the financial
performance. According to their efficiency scores, organizations are classified as
"good" or "bad". It is observed that for "good" firms;
liquidity, capital adequacy and profitability is higher.
Keywords: Performance Evaluation; Data Envelopment Analysis; Financial Ratio
Analysis
Return to presentations
Return to workshop program
A Multiple Criteria Approach for the Evaluation of the
Rail Transit Networks in Istanbul
Haluk Gerçek
In this paper, rail transit projects are evaluated based on financial, economic,
system planning, policy, and environmental impacts criteria for the improvement of the
public transportation system in the European side of Istanbul. Analytic Hierarchy
Process (AHP), a multiple criteria decision support system, is used to assist The
Greater Istanbul Municipality (GIM) which aims to extend the railway systems in order
to improve public transportation of the city. The municipality has already built and
put into operation a fully grade separated 18 km-long light rail transit (LRT) system
in the European side of the city. A subway line is under construction; but, under the
pressure of increasing travel demand in the area, new extension lines have become
necessary. In 1995, the GIM commissioned a consortium, Tekfen (Turkey) and Delcan
(Canada), to carry out a strategic network planning study to identify the best rail
transit projects to improve the public transportation system in the European side of
the city. This paper presents the evaluation process of the rail network alternatives
developed by Tekfen and Delcan to provide a solid base for the final decision made by
the GIM. Alternative rail networks are evaluated according to financial, economic,
systems planning, policy, and environmental impact criteria by using Analytic Hierarchy
Process (AHP). Two land use scenarios have been developed in order to predict the
future travel demand in the horizon year of 2010. A conventional transportation model
was used to predict the travel demand that will likely occur on the transportation
system as a result of the future land use and population changes.
Return to presentations
Return to workshop program
Decision Making Tariff Based on Marginal Cost for Turkish
Electrical System Related With Load Research and Demand Management
H. Gönül Günvaran
Modern societies have become increasingly dependent on various types of energy sources,
among which electric power has occupied a dominant position. Besides, electricity is
the most important infrastructure sector in every country and its investment
necessitates large amount of capital. Because of the above reasons, it is. There are
two tariff calculating methods which are based on embedded cost and marginal cost.
Tariff based on embedded cost is related to the past expenditures while marginal cost
tariff is based on the future expenditures. The tariff based oh marginal cost has the
following properties which are so important for the electrical system. Obvious the
importance of decision the correct power pricing policy in this sector. Tariff should
be maximize the net economic benefit of electricity consumption to society. It should
also be fair while allocating costs among consumer groups and power prices should raise
sufficient revenues to meet the financial requirements of the sector. Because of the
reasons mentioned above, tariff based on marginal costs has been taken into account and
marginal cost components have been calculated for Turkish Electrical system. While
marginal capacity cost of generation is calculated analytically, for the marginal
energy cost calculation, by using Baleriaux-Booth Technique "Equivalent Load Curve
Probabilistic Simulation Model" has been developed. This is short-run planning model.
For the marginal cost capacity costs of transmission and distribution network, the
average incremental cost technique is used. The above techniques are implemented to
Turkish Electrical System. It had been tried to be proved that Turkey should pass
tariff structure based on marginal cost.
Keywords: Electrical Tariff; Generation; Transmission; Distribution;
LRMC; SRMC
Return to presentations
Return to workshop program
Resource Allocation for Urban Quality
of Life in Istanbul: Inhabitants' Perspective
Ümit Güvenç
The purpose of this paper is to model the desires, expectations
and priorities of the inhabitants of Istanbul from a
multidimensional perspective. In this way, effective allocation of
the city’s resources can be achieved to improve the quality of
life for such a large number of people, which is the primary
concern of the local authorities as well as the urban planners. A
survey is conducted in Istanbul so that the priorities of the
inhabitants are revealed and the city where they would like to
live is portrayed. The data obtained are used as input for
hierarchical conjoint analysis. The survey is primarily based on
the evaluation of hypothetical, orthogonally-designed city profiles
for four different constructs and a bridging construct on a 0-10
rating scale. The relative importances of the constucts and their
attributes are estimated at both the individual and the aggregate
level. A segmentation is made based on the demographic and social
characteristics of the respondents to reflect different classes.
The research is an interdisciplinary group work acting as a bridge
between urban planning and multiattribute decision making, thus
judgments of experts from different disciplines are used in every
stage of the study.
Keywords: Hierarchical Conjoint Analysis, Urban Quality of
Life, Resource Allocation, Segmentation
Return to presentations
Return to workshop program
Global Decision Support by
Web-HIPRE - A Java-applet for Value Tree and AHP Analysis
Raimo P. Hämäläinen
Web-HIPRE is a Java-applet for multiple criteria decision making
based on the well-known decision support software HIPRE. Being
located in the Internet, Web-HIPRE can be accessed from everywhere
in the world. This opens up a completely new era and dimension in
decision support. Web-HIPRE provides a common platform for
individual and group decision support. The individual models can
be processed at the same or at different times and the results
can be easily shared. An essential web feature is the possibility
to define links to other Internet-addresses. These links can refer
to graphical or any other kind of information such as sound or
video describing the criteria or alternatives. This can improve
the quality of decision support dramatically. Web-HIPRE supports
several weighting methods including AHP, SMART, SWING, SMARTER and
value functions. The results are shown by bar graphs and the
sensitivity analysis. Web-HIPRE supports also the use of regular
HIPRE models. The on-line use of Web-HIPRE will be demostrated by
illustrative examples. Web-HIPRE is located in
http://www.hipre.hut.fi/.
Keywords: World Wide Web; Decision Analysis; Value Tree; AHP;
Multimedia
Return to presentations
Return to workshop program
The Impact of Political Risk on the Rankings of Emerging
Markets: An Analytical Assessment
Birsen Karpak
A number of worldwide trends are making a group of economies prime targets for the US
companies-- the so-called emerging countries. These markets have become attractive and
promising as destinations for technology and goods as well as a pool for offshore
sourcing. Emerging Markets are high-growth developing countries that represent
attractive business opportunities for Western firms. The US Department of Commerce lists
10 "Big Emerging Markets": the Chinese Economic Area (China, Hong Kong, Taiwan), ASEAN
(Indonesia, Malaysia, The Philippines, Singapore, Thailand, Brunei), India, South Korea,
Argentina, Mexico, Brazil, Poland, Turkey, and South Africa. The Economist adds Chile,
Venezuela, Greece, Israel, Portugal, the Czech Republic, Hungary, and Russia.
The emerging markets (EMs) share remarkable features in terms of economic potential.
Some are large geographically. Demographically they have a young labor force. They are
attractive for both selling and sourcing, enjoy outstanding growth rates, and are
prospects for market expansion.
We have ranked 23 emerging markets using the Analytic Hierarchy Process (AHP) as the
decision analysis methodology and ECPro as the software. We used 13 economic, political,
and social variables to characterize a market's attractiveness from the viewpoint of
US management. They are market size, market growth rate, market intensity which
consists of purchasing parity of GNP per capita and private consumption expenditure per
capita, market consumption capacity, commercial infrastructure which consists of
telephone mainlines per capita, paved road density, commercial vehicles per capita,
population per retail outlet, and percentage of homes with TV, economic freedom index
and market receptivity which consists of average annual growth rate of imports from
the US over the past five years and per capita imports from the US.
The assumptions associated with the behavior of emerging markets are that conditions
are highly volatile, and that social and political conditions greatly affect the
economic policies under which multinational corporations will be operating.
Collectively these assumptions illustrate intangible aspects of the international
market place. Any model addressing EMs should be able to handle qualitative criteria
related to such issues. Sensitivity analysis of the model showed that the overall
ranking was not very sensitive to political risk for some countries whereas in practice
sometimes this criterion is used as a sole elimination criterion. The impact of
changing the importance of different criteria, adding qualitative criteria to the
analysis as well as the stability of on prioritizing the EMs will be discussed.
Return to presentations
Return to workshop program
Multicriteria Approach to Total Quality Control
Çetin Kaya
This presentation will be dealing with the multicriteria measurements in the control
of the quality of goods produced and the services rendered. In order to gain a
competitive advantage, improving the current level of quality is now emerging as an
unavoidable success factor for the enlightened organizations. Needless to say that
lower costs and higher quality are the two main paths for the greater customer
satisfaction. Within this context applying the multicriteria approach to the quality
problems deserves more attention than ever before. That is why we will stop at every
station of the quality labyrinths throughout the presentation.
Return to presentations
Return to workshop program
Analyzing and Improving Efficiency in
Organizations
Pekka Korhonen
Data Envelopment Analysis (DEA), originally proposed by Charnes,
Cooper and Rhodes [1978], has become a widely used method for
evaluating the performance of decision making units (DMUs).
DEA measures the relative efficiency of comparable DMUs performing
the same task and using similar multiple inputs to produce similar
multiple outputs. The purpose of DEA is to empirically estimate
the efficient frontier based on the set of DMUs available for the
analysis. A DMU is efficient if there is no other DMU (or a
positive linear/convex combination of them) that can either produce
more outputs by consuming the same amount or less inputs or produce
the same amount or more outputs by consuming less or the same
amount of inputs as the DMU under consideration. DEA provides the
user with information about the efficient and the inefficient units,
as well as about the efficiency scores and reference sets for
inefficient units. The results of the DEA analysis, especially the
efficiency scores, are used in practical applications as
performance indicators of the DMU in question.
The DEA-approach is a nice method in identifying inefficiency, but
in the analysis the decision maker’s preferences are ignored, and
the DEA-approach does not help the DM to see how to improve
performance. As a solution to this problem, we proposed the use
of so-called Value Efficiency Analysis (Halme, Joro, Korhonen,
Salo, and Wallenius, [1998]). Other ways to develop the DEA is to
insert into the analysis the features which help the DM to analyze
efficient resource allocation and to design new (efficient) units.
In this presentation, we will give an overview on the main features
of the Data Envelopment Analysis and discuss those new additional
features.
Keywords: Efficiency Analysis; Data Envelopment Analysis;
Value Function; Practical Application
Return to presentations
Return to tutorial program
The Additive and the Multiplicative AHP
Freerk A. Lootsma
The Analytic Hierarchy Process (AHP) of Saaty (1980) is a widely
used method for Multi-Criteria Decision Analysis, presumably
because the decision makers can easily understand the elicitation
of preference information. The original AHP has been criticized,
however, because the algorithmic steps do not properly take into
account that the method is based upon ratio information. The
shortcomings (rank reversal, results dependent on the order of
the computations) can easily be avoided in the Additive and the
Multiplicative AHP to be discussed in the presentation. The
Additive AHP is the SMART procedure, with pairwise comparisons on
the basis of difference information. The Multiplicative AHP,
with pairwise comparisons on the basis of ratio information, is a
variant of the original AHP. There is a logarithmic relationship
between the two methods (logarithmic coding in psycho-physics, see
the decibel scale in acoustics) that we extensively employ in the
elicitation of preference information.
Return to presentations
Return to workshop program
Optimization System WWW-NIMBUS
Kaisa Miettinen
Finding optimal solutions to problems with several conflicting criteria often
necessitates interaction with the decision maker and the solution method. Internet
provides a versatile tool in realizing such interaction. Internet is easily available
and sets minimal requirements to the computer facilities of the user.
We describe WWW-NIMBUS -- a pioneering interactive multiobjective optimization system
in the Internet. The main principles of the implementation have been centralized
computing and distributed interface. Typically, the delivery and update of any software
is problematic. Limited computer capacity may also be a problem. Via the Internet, the
calculations are always performed with the latest version of the system and any client
computer has the capabilities of a server computer. Further, the World-Wide Web (WWW)
provides a graphical user interface. No special tools, compilers or software besides a
WWW browser are needed in order to utilize the system.
Return to presentations
Return to workshop program
Efficient Solutions of Discrete Multiple Objective
Optimization Problems
Tom L. Morin
We consider optimal algorithms for generating the subset of efficient solutions given n
outcome vectors. This has been the topic of a great deal of research in computer
science. We improve on the average case performance of previous algorithms by generating
a "good" starting efficient point. If that the convex hull of Y is symmetric about
y1=y2=...=yp, then we can show that such a point has the maximal intersection of Y
with its domination cone, is "central," and minimizes the Euclidian distance from
ideal point.
Return to presentations
Return to workshop program
Computational Intelligence and Multi-objective
Programming in Financial Engineering
Hirotaka Nakayama
Techniques for learning and inference in computer intelligence are
expected to be effectively applied to many problems in financial
engineering such as credit evaluation, portfolio selection and so
on. Among them, the author has reported the importance of
additional learning and forgetting in machine learning, because the
environment of decision making changes over time. It is usually
time ocnsuming to relearn from the beginning. Therefore, we mean
by additional learning to calculate only the increment between the
current status and the new one without re-learning from the
beginning for revising the machine knowledge. On the other hand,
since the decision rule becomes more and more complex with only
additional learning, forgetting is also necessary. Here, we mean by
forgetting to remove unnecessary knowledge. At first, in this paper,
several techniques for additional learning and forgetting will be
discussed along with applications to some problems in financial
engineering.
Furthermore, we shall discuss how multi-objective programming
techniques can be effectively applied to portfolio mix problems.
In many transactions, the subjective judgment of investors, traders,
fund managers and so on play an important role. Multi-objective
programming techniques can provide a solution by incorporating
the subjective judgment of human beings.
Techniques combining non-human techniques such as computer
intelligence and human techniques such as multi-objective
programming seem to be effective in many practical financial
problems.
Keywords: Computational Intelligence; Multi-Objective
Programming; Portfolio; Pattern Classification
Return to presentations
Return to workshop program
Analysis of Consumer Characteristics Which Influence the Determinants of
Buying Decision by Logistic Regression Model
Rauf Nisel
Satisfaction of the consumer needs is the ultimate goal of business success. Hence, an
effective marketing strategy must focus on serving consumers better than the
competitors. The marketing manager should be interested in revealing the complexities
of an individual buyer, the dynamics of the consumer behaviour, and should also try to
understand the factors that the consumers show individual differences so that he/she
can segment the total market in terms of those differences. Differences in decision
making processes of the consumers can ease the managers to classify individuals into
meaningful homogenous subgroups in that sense. Consumer decision making should be
carefully studied by marketing managers to understand how information is obtained,
how beliefs are formed, and what product-choice criteria are specified by customers.
Products can then be developed that will fulfill the appropriate requirements of these
groups. Therefore finding out the motives that lead to differences in consumers'
decision making processes is a critical factor for a company to accomplish its
marketing objectives in the way to satisfy its customers. Aim of this research is to
identify the significant characteristics of consumers which influence the type of the
motive that enables them to buy and hence better understanding and prediction of
consumer buying behavior can be achieved. The research data obtained from the interview
of 360 consumers randomly selected during their shopping at food stores.
Return to presentations
Return to workshop program
Decision Making with the Analytic Network Process (ANP)
Thomas Saaty
The Analytic Hierarchy Process (AHP) is a theory for decision making involving ratio
scale measurement in hierarchic structures. The AHP elicits judgments from people or
uses actual ratio scale measurements either directly or by interpreting existing
measurements. Judgments are made on paired comparisons of elements on a common
property or criterion. For accuracy, the elements compared must be homogeneous
(relatively close) and if far apart they are grouped into clusters with a pivot
element from one cluster to the next. The Analytic Network Process (ANP) is the
generalization of the AHP to dependence and feedback among any elements involved in a
decision. Thus the AHP is a special case of the ANP. This paper gives a cursory look
with an illustration of the ANP. The validity of any scientific theory lies in its use
in prediction. The ANP, has been applied in numerous cases of prediction with good
results validated against real life information and data.
Return to presentations
Return to workshop program
Decision Support Systems in Transportation Investment:
State-of-The-Art Review
Murat M. Sati
Passenger transport is a growing problem in many developing countries. Essential problem
is to decide the most adequate transportation project. It is definitely important stage
in transportation planning. There are some straight studies in this subject:
Two main project evaluation approaches exist: Cost-Benefit Analysis and Multicriteria
Analysis. Early transportation investment policy methodology includes the application
of CBA to proceed with its evaluation. This method transforms all factors into monetary
value, and uses Net Present Value Method, Benefit/Cost Ratio Method or Rate of Return
Method to evaluate transportation project alternatives. In addition Social cost benefit
analysis method is used very intensive by transportation planners. The purpose of this
methods is to measure an investment projects contribution to the economic welfare of a
community.
Transportation planning is inherently multiobjective in nature. Goals or
objectives can be grouped as tangible and intangible factors such as cost, political
issues and so on. The multicriteria decision-making techniques can be divided into two
groups. The first is based on a ranking scheme approach and the second one on a
mathematical programming approach.
The purpose of this study is to point out the spectrum of decision-making approaches to
support transportation investment.
Keywords: Transportation Investment; Multicriteria Analysis;
Social Cost-Benefit Analysis; Decision Support System
Return to presentations
Return to workshop program
A Framework for Measuring the Quality of Discrete
Representations of Efficient sets
Serpil Sayin
One major argument voiced against Vector Optimization methods is that the efficient
set, which these methods aspire to find, is too complicated to be of practical use
for a Decision Maker. To respond to this valid argument, finding discrete
representations of the efficient set rather than the efficient set itself has been
proposed as a way of solving multiobjective mathematical programming problems. A number
of methods have been proposed that are capable of finding discrete representations of
the efficient set.
We propose a framework in which discrete representations can be evaluated,
compared to each other, and judged satisfactory or unsatisfactory by a Decision Maker.
Our framework includes three attributes of quality: coverage, uniformity and
cardinality. We discuss how these attributes can be quantified and measured.
Our suggestions lead to implementable methods for measuring the quality of
representations in the linear case. We discuss various implementation issues.
Keywords: Multiple Objective Mathematical Programming;
Vector Optimization; Efficient Set; Discrete Representation
Return to presentations
Return to workshop program
Fuzzy Economics: A Framework for Quantum Theory of
Information Economics
E. Cemil Tarhan
Contemporary Economics is based on the pre-20th century concepts and values that
relate to what is material in essence. Today's economic environment thrives primarily
on the intellectual aspect of production. Our emphasis is less quantitative and more
qualitative. Wealth is measured less in numbers and more in substance, form, character
and design. We prefer better to more. Choice is no less significant than cost.
"Creation" is as important as "duplication". Production involves intellectual costs as
well as material costs. Intellectual capital is as potent as material resources.
This paper addresses the above mentioned contemporary issues in an information based
economic environment. It defines the "information economy" and proposes a new theory
based on the quantized aspects of intellectual production. It develops a philosophical
base for understanding the discontinuous nature of research and development, the
discrete behaviour of intellectual production, and the bounds and leaps that pervade
technological advances.
This new quantum theory of information economics is then contrasted with the classical
concepts and regimes. Quantum versions of the classical variables and observables are
introduced. The "economic quanta", the "intellectual charge" and the
"economic-potential-value (EPV)" are defined. A methodology for measuring the EPV and
a taxonomy for classifying the intellectual production are introduced. New analytic
tools and measurement tools are also suggested, and proper formulation is provided.
This paper also discusses the Uncertainty and Exclusion Principles. These principles
are then compared to fuzzy dynamics of information products.
Return to presentations
Return to workshop program
World Wide Web Technology in Support of Negotiation and
Communication
Jeffrey Teich
With the advent of the mass use of the Internet involving classic
use of e-mail, file transfer and now more recent use of www
applications, such as home pages, chat, Internet phone, audio
and video and web broadcast systems, business transactions over
the net are increasing dramatically. An important, yet relatively
undeveloped component for electronic commerce is the negotiation
of contracts and the resolution of disputes. We discuss Web-based
technology and practice in supporting business negotiations and
communication. The focus of the paper is on the present and the
future promises of such technology.
Keywords: Decision Support; Negotiation Modeling; World-Wide-Web;
Internet Communications; Electronic Commerce; Computer-mediated
Communication; Technology Diffusion
Return to presentations
Return to workshop program
Problem Structuring and Evaluation Integration:
A Case Study in Transportation Planning
Füsun Ülengin
This study focuses on the integration of problem structuring
with the evaluation of alternatives. The multiple criteria
analysis is generally based on the latter with a hidden assumption
that the problem is well defined with explicitly known criteria
and alternatives. However, especially the strategic planning
problems are ill-defined and, thus, the first step of the
analysis must be concerned with the structuring of the problem
before any careful evaluation of the alternatives is conducted.
In this paper, the water crossing infrastructure selection
problem is selected as a case study. The knowledge about the
criteria to be used during the evaluations is acquired from 19
experts and using the COPE software their aggregate cognitive map
is constructed. Based on the cluster, domain and hieset analysis
etc. included in the COPE software, the compex map is converted
into a hierarchical structure with the goal at the top and the
alternatives at the bottom. Finally, at the second stage of the
analysis, two different approaches are proposed for the evaluation
of the alternatives based on this hierarchical structure: an expert
system approach versus an AHP -based evaluation approach. The two
approaches are applied to solve the water crossing traffic
congestion of the Bosphorus at Istanbul and the results are
evaluated and compared.
Keywords: Cognitive Mapping; AHP; Expert System;
Transportation Planning
Return to presentations
Return to workshop program
Author(s)
Title
Abstract
Per J. Agrell
On the Mathematical DEA-MCDM Relationship
Abstract
Fuad Aleskerov
Hasan Ersel
Reha Yolalan
Multicriterial Ranking Methods for Evaluating
Bank Branch Performance
Abstract
Nigan Bayazit
Pinar Yalçin
Orhun Berkün
Group Decisions in the Computer Supported
Collaborative Design (CSCD) Using AHP
Abstract
Altan Cöner
Measurement and Evaluation of Store Performance Based
on Multiple Criteria
Abstract
Ahmet Burak Emel
Muhittin Oral
Reha Yolalan
Measuring Relative Financial Efficiency
of the Organizations
Abstract
Haluk Gerçek
Birsen Karpak
Tülay Kilinçaslan
A Multiple Criteria Approach for the Evaluation
of the Rail Transit Networks in Istanbul
Abstract
H. Gönül Günvaran
Decision Making Tariff Based on Marginal Cost for Turkish Electrical
System Related with Load Research and Demand Management
Abstract
Ümit Güvenç
Burç Ülengin
Füsun Ülengin
Resource Allocation for Urban Quality of Life in
Istanbul: Inhabitants' Perspective
Abstract
Raimo P. Hämäläinen
Jyri Mustajoki
Global Decision Support by Web-HIPRE - A Java-applet for
Value Tree and AHP Analysis
Abstract
Birsen Karpac
Erdogan Kumcu
The Impact of Political Risk on the Rankings of Emerging Markets:
An Analytical Assessment
Abstract
Çetin Kaya
Multicriteria Approach to Total Quality Control
Abstract
Pekka Korhonen
Analyzing and Improving Efficiency in Organizations
Abstract
Freerk A. Lootsma
The Additive and the Multiplicative AHP
Abstract
Kaisa Miettinen
(Marko Mäkelä)
Optimization System WWW-NIMBUS
Abstract
Tom L. Morin
Efficient Solutions of Discrete Multiple Objective Optimization Problems
Abstract
Hirotaka Nakayama
Computational Intelligence and Multi-objective Programming
in Financial Engineering
Abstract
Rauf Nisel
Yonca Karapazar
Analysis of Consumer Characteristics Which Influence the Determinants of
Buying Design by Logistic Regression Model
Abstract
Thomas Saaty
Decision Making with the Analytic Network Process (ANP)
Abstract
Murat M. Sati
Decision Support Systems in Transportation Investment:
State-of-the-Art Review
Abstract
Serpil Sayin
A Framework for Measuring the Quality of Discrete
Representations of Efficient Sets
Abstract
E. Cemil Tarhan
Fuzzy Economics: A Framework for Quantum Theory
of Information Economics
Abstract
Jeffrey Teich
Hannele Wallenius
Jyrki Wallenius
World Wide Web Technology in Support of Negotiation and
Communication
Abstract
Füsun Ülengin
Y. Ilker Topcu
Sule Önsel
Problem Structuring and Evaluation Integration:
A Case Study in Transportation Planning
Abstract
Name
Affiliation
E-mail
Dr. Per J. Agrell
University of Copenhagen
Dept of Operations Research
Universitetsparken 5
DK-2100 Copenhagen Ø, Denmark
per.agrell@ipe.liu.se
Dr. Fuad Aleskerov
Bosphorus University
Dept of Economics
80815 Bebek, Istanbul, Turkey and
Russian Academy of Sciences
Institute of Control Sciences
Moscow 117806, Russia
aleskero@boun.edu.tr
Cem Alppay
Istanbul Technical University
Faculty of Architecture
Dept of Industrial Product Design
80191 Taksim, Istanbul, Turkey
alppay@itu.edu.tr
Dr. Murat Aygun
Istanbul Technical University
Dept of Architecture
80191 Istanbul, Turkey
muray@arch.itu.edu.tr
Professor Nigan Bayazit
Istanbul Technical University
Faculty of Architecture
Dept of Industrial Product Design
Taskisla, 80191 Taksim, Istanbul, Turkey
bayazit@sariyer.cc.itu.edu.tr
Dr. Nissim Ben-Aderet
Public Utilities Authority - Electricity
In Charge of Methodology
P.O. Box 1296, 91012 Jerusalem, Israel
benaderet-n@pua.giv.il
Orhun Berkün
Istanbul Technical University
Faculty of Architecture
Dept of Industrial Product Design
80191 Taksim, Istanbul, Turkey
berkun@hidiv.cc.itu.edu.tr
Dr. Altan Cöner
Yeditepe University
coner@yeditepe.edu.tr
Dr. Ahmet Burak Emel
Yapi Kredi Bank
Research Dept
80620 Levent, Istanbul, Turkey
aemel@ykb.com
Dr. Hasan Ersel
Yapi Kredi Bank
Research Dept
80620 Levent, Istanbul, Turkey
hersel@ykb.com
E. Mine Fanuscu
Research Assistant
University of Istanbul
Dept of Landscape Architecture
Bahcekoy, Istanbul 80895, Turkey
minef@istanbul.edu.tr
Dr. Haluk Gerçek
Istanbul Technical University
Dept of Transportation
80626 Ayazaga, Istanbul, Turkey
hgercek@srv.ins.itu.edu.tr
Dr. H. Gönül Günvaran
TEDAS APK Inönü Bulvari No.27
Bahçelievler, Ankara, Turkey
cihatg@tedas.gov.tr
Dr. Ümit Güvenç
Istanbul Technical University
Management Faculty
80680 Maçka, Istanbul, Turkey
guvenc@ayasofya.isl.itu.edu.tr
Professor Raimo P. Hämäläinen
Helsinki University of Technology
Systems Analysis Laboratory
P.O. Box 1100, FIN-02015 HUT, Finland
raimo@hut.fi
Dr. Yonca Karapazar
Mr. Orhan Karasakal
Dz.K.K.ligi APGE Bsk.ligi Bakanliklar
06100 Ankara, Turkey
okarasa@dzkk.tsk.mil.tr
Professor Birsen Karpak
Youngstown State University
College of Business Administration
Dept of Management
Youngstown, OH 44555-3071, U.S.A.
Birsen.Karpak@YSU.EDU
Dr. Çetin Kaya
Dr. Tülay Kilinçaslan
Istanbul Technical University
Dept of Urban and Regional Planning
Taksim 80191, Istanbul, Turkey
kaslan@hidiv.cc.itu.edu.tr
Dr. Esra Koktener
Orta Dogu Teknik Universitesi
Endustri Muhendisligi Bolumu
06530 Ankara, Turkey
koktener@rorqual.cc.metu.edu.tr
Professor Pekka Korhonen
International Institute for Applied Systems Analysis (IIASA)
Leader of the Decision Analysis and Support (DAS) Project
A-2361 Laxenburg, Austria
korhonen@iiasa.ac.at
Professor Alexander Kozlov
Simferopol State University
Department of Applied Mathematics
4 Yaltinskaya Street, 333007 Simferopol, Crimea, Ukraine
kai@cris.net
Professor Murat Köksalan
Middle East Technical University
Industrial Engineering Dept
06531 Ankara, Turkey
koksalan@ie.metu.edu.tr
Erdogan Kumcu
Ball State University
Department of Marketing
Muncie, Indiana 47306-0355, U.S.A.
Professor Freerk A. Lootsma
Delft University of Technology
Faculty of Mathematics and Informatics
Mekelweg 4, 2628 CD Delft, The Netherlands
F.A.Lootsma@twi.tudelft.nl
Dr. Kaisa Miettinen
University of Jyväskylä
Dept of Mathematics
P.O. Box 35, FIN-40351 Jyväskylä, Finland
miettine@math.jyu.fi
Tom L. Morin
Purdue University
West Lafayette, In, U.S.A.
TMorin1@aol.com
Jyri Mustajoki
Helsinki University of Technology
Systems Analysis Laboratory
P.O. Box 1100, FIN-02015 HUT, Finland
jyri.mustajoki@hut.fi
Professor Hirotaka Nakayama
Konan University
Dept of Applied Mathematics
8-9-1 Okamoto, Higashinada, Kobe 658, Japan
nakayama@edu2.math.konan-u.ac.jp
Dr. Rauf Nisel
Dr. Muhittin Oral
Sabancy University
Graduate School of Future Management
Karakoy, Istanbul, Turkey and
Université Laval
Faculté des Sciences de l'Administration
Ste-Foy, Quebec, Canada
muhittin.oral@sabanciuniv.edu.tr
Dr. Sule Önsel
Istanbul Technical University
Management Faculty
80680 Maçka, Istanbul, Turkey
Professor Igor A. Perekhod
Simferopol State University
Dept of Applied Mathematics
4 Yaltinskaya Street, Simferopol 333007, Crimea, Ukraine
perekhod@ssu.crimea.ua
Professor Thomas Saaty
University of Pittsburgh
Katz Graduate School of Business
322 Mervis Hall
Pittsburgh, PA 15260, U.S.A.
SAATY@vms.cis.pitt.edu
Murat M. Sati
Dr. Serpil Sayin
Koç University
College of Administrative Sciences and Economics
80860 Istinye, Istanbul, Turkey
ssayin@ku.edu.tr
Kaan Senol
Istanbul Technical University
Faculty of Architecture
Dept of Industrial Product Design
80191 Taksim, Istanbul, Turkey
ksenol@usa.net
Professor Jaap Spronk
Erasmus University
Dept of Finance
P.O. Box 1738, Rotterdam 3000 DR, The Netherlands
Spronk@few.eur.nl
Professor Ralph E. Steuer
University of Georgia
Faculty of Management Science
297 Brooks Hall
Athens, GA 30602-6255, U.S.A.
rsteuer@arches.uga.edu
Dr. E. Cemil Tarhan
Yeditepe University
Graduate School of Social Sciences
Associate Director
tarhan@yeditepe.edu.tr
Dr. Jeffrey Teich
New Mexico State University
Dept of Management
Box 30001/Department 3DJ
Las Cruces, NM 88003, U.S.A.
jteich@nmsu.edu
Dr. Y. Ilker Topcu
Istanbul Technical University
Management Faculty
80680 Maçka, Istanbul, Turkey
topcu@ayasofya.isl.itu.edu.tr
Dr. Burç Ülengin
Istanbul Technical University
Management Faculty
80680 Maçka, Istanbul, Turkey
Burc@ayasofya.isl.itu.edu.tr
Professor Füsun Ülengin
Istanbul Technical University
Management Faculty
80680 Maçka, Istanbul, Turkey
ulengin@sariyer.cc.itu.edu.tr
Professor Gunduz Ulusoy
Bogazici University
IE Dept
80815 Bebek, Istanbul, Turkey
ulusoyg@boun.edu.tr
Dr. Hannele Wallenius
Helsinki University of Technology
Institute of Strategy and International Business
P.O. Box 1100, FIN-02015 HUT, Finland
Hannele.Wallenius@hut.fi
Professor Jyrki Wallenius
Helsinki School of Economics and Business Administration
P.O. Box 1210, FIN-00101 Helsinki, Finland
walleniu@hkkk.fi
Pinar Yalçin
Istanbul Technical University
Faculty of Architecture
Dept of Industrial Product Design
80191 Taksim, Istanbul, Turkey
pinary@domi.com.tr
Dr. Reha Yolalan
Yapi Kredi Bank
Research Dept
80620 Levent, Istanbul, Turkey
ryolalan@ykb.com
Hasan Ersel
Reha Yolalan
Pinar Yalçin
Orhun Berkün
Muhittin Oral
Reha Yolalan
Birsen Karpak
Tülay Kilinçaslan
Burç Ülengin
Füsun Ülengin
Jyri Mustajoki
Erdogan Kumcu
Marko Mäkelä
Yonca Karapazar
Hannele Wallenius
Jyrki Wallenius
Y. Ilker Topcu
Sule Önsel