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This proceedings book contains selected papers from the Fourth International Workshop on Best-Worst Method (BWM2023), held in Delft, the Netherlands, from 8 to 9 June 2023. It presents recent advancements in theory and applications of the Best-Worst Method (BWM). It provides valuable insights on why and how to use BWM in a diverse set of applications including health, energy, supply chain management, and engineering. The book highlights the use of BWM in different settings including single decision-making vs group decision-making, full information vs incomplete and uncertain situations. Academics and practitioners who are involved in multi-criteria decision-making and decision analysis benefit from the papers published in this book.
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This volume collects the contributions presented at the conference "Data-driven Decision Making" organized by the Italian Association for Applied Statistics, held in Genoa from 12 to 14 September 2022. The papers cover a broad range of topics, with a common thread: the use of statistical methods to support decision-making both in public administrations and in private companies.
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The intersection between the fields of behavioral decision research and neuroscience has proved to be fertile ground for interdisciplinary research. Whereas the former is rich in formalized models of choice, the latter is rife with techniques for testing behavioral models at the brain level. As a result, there has been the rapid emergence of progressively more sophisticated biological models of choice, geared toward the development of ever more complete mechanistic models of behavior.This volume provides a coherent framework for distilling some of the key themes that have emerged as
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Application of Decision Science in Business and Management is a book where each chapter has been contributed by a different author(s). The chapters introduce and demonstrate a decision-making theory to practice case studies. It demonstrates key results for each sector with diverse real-world case studies. Theory is accompanied by relevant analysis techniques, with a progressive approach building from simple theory to complex and dynamic decisions with multiple data points, including big data, lot of data, etc. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements. The book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning abilities of decision making. It is complementary to other sub-disciplines such as economics, finance, marketing, decision and risk analysis, etc.
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This book presents a comprehensive overview of the principles and practices of decision-making. It highlights the interface between engineering/technology and the organizational, administrative, and planning abilities of decision-making. The chapters address decision-making using real-world case studies. They also discuss decision-making theory as well as relevant analysis techniques. The book blends computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques to support the analysis of multi-criteria decision-making problems with defined constraints and requirements.
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This transdisciplinary volume investigates the ways in which people and organisations deal with the overflow of information, goods or choices. It explores two main themes: the emergence of overflows and the management of overflows, in the sense of either controlling or coping with them. Individual chapters show the management of overflows taking place in various social settings, periods and political contexts. This includes attempts by states to manage future consumption overflow in post-war Easter European, contemporary economies of sharing, managing overflow in health care administration, overflow problems in mass travel and migration, overflow in digital services and the overflow that scholars face in dealing with an abundance of publications.
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Structural equation modeling (SEM), especially partial least squares path modeling (PLS-PM) has become a mainstream method in many fields of research. In the last years it has been increasingly disseminated in a variety of disciplines. The researchers have been promoting this new statistical methods for the evaluation of policies. Generally, policy evaluation applies evaluation principles and methods to examine the content, implementation or impact of a policy. To better understand and characterize this trend, a bibliometric study of international papers on this subject has been developed in order to describe the use of SEM and PLS-PM approaches in the policy evaluation in the almost last 20 years. A total of 450 articles from 2000 to 2020 have been selected and analyzed in order to discover the research trends in this field and the main dimensions and words related to the terms "decision making" and "SEM-PLS" approach, that are most commonly employed in the scientific literature. The research has been conducted in theWeb of Science from ISI Web of Knowledge database and Scopus database, with the aim of identifying the major themes, authors, areas, types of the sources, titles, years of publication and countries of these publications, as well as the main themes related to the two topic analyzed.
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