Measuring national energy performance via Energy Trilemma Index: A Stochastic Multicriteria Acceptability Analysis

Song, Lianlian; Fu, Yelin; Zhou, P.; Lai, Kin Keung

doi:10.1016/j.eneco.2017.07.004

Cited by 77 publications

(31 citation statements)

References 33 publications

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“…The potential beneficiary of such analysis may be a customer or a third‐party assessment structure. The management decision‐making problems in many other fields are usually made under conditions of uncertainty, especially in industrial fields (Pelissari et al, ), and it is difficult for DMs from different interest groups to get uniform attribute weights (Govindan, Kadziński, Ehling, & Miebs, ; Song, Fu, Zhou, & Lai, ). Therefore, our proposed method is advantageous and applicable in industrial fields.…”

Section: Numerical Examplementioning

confidence: 99%

A stochastic multicriteria acceptability analysis–evidential reasoning method for uncertain multiattribute decision‐making problems

et al. 2019

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Evidential reasoning (ER) is an effective approach for assessing alternatives with uncertain attribute values in the context of decision making. For the ER approach to be able to handle variations in the weights of uncertain attributes in an appropriate manner, this paper proposes a method to solve problems of uncertain multiattribute decision making that involve both uncertain attribute values and uncertain attribute weights, which this method does by combining the ER approach and stochastic multicriteria acceptability analysis‐2 (SMAA‐2). First, the uncertainty in attribute values is described by using a belief decision matrix as in the ER approach. The analytical ER algorithm is then used to create the utility function in the SMAA‐2 model, and that function is used to calculate the probability of different sorting positions of the decision units under weight‐related restrictions. Finally, the results of ranking are obtained by combining the sorting weights. An example is provided to verify the effectiveness of the proposed method.

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Section: Numerical Examplementioning

confidence: 99%

A stochastic multicriteria acceptability analysis–evidential reasoning method for uncertain multiattribute decision‐making problems

et al. 2019

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“…Apart from the previous studies about assessing Olympic achievements, this paper provides new research directions and more method options for ranking construction, based upon the methodology developed by Song et al [5]. The difference is that the rationale of Song et al [5] is to determine intervals for the lexicographic ranking system, while this study takes the advantage of a widely accepted weight elicitation method for obtaining the precise weights associated with various medals and then considers different preferences between the lexicographic and sum ranking system. Such explorations go well beyond the general ideas of building ranking and shed much-needed light on potential incentives and directions for academic, managerial, and policy-related implications.…”

Section: Mathematical Problems In Engineeringmentioning

confidence: 99%

“…SMAA has been efficiently applied in the domain of decision making, i.e., facility location [29], forest planning [30], elevator planning [31], descriptive multiattribute choice model [32], estimation of a satisficing model of choice [33], DEA cross-efficiency aggregation [34], mutual fund performance assessment [35], project portfolio optimization [36], and energy performance evaluation [5].…”

Section: Stochastic Multicriteria Acceptability Analysis (Smaa)mentioning

confidence: 99%

“…Consequently, an interval decision matrix that considers both preferences can be constructed to rank NOCs. This logic to modify the ranking of NOCs is motivated by the work of Song et al [5], which takes into account all possible preferences among subindicators for improving the constructing of composite indicators.…”

Section: Formulationmentioning

confidence: 99%

“…problem can be recognized as a stochastic decision making problem[5,34]. Holistic ranking indices of SMAA-2 have been extensively applied in previous research to rank alternatives.…”

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Modifying Olympics Medal Table via a Stochastic Multicriteria Acceptability Analysis

2018

Mathematical Problems in Engineering

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This paper addresses the issue of developing a widely accepted Olympics ranking scheme based upon the Olympic Game medal table published by the International Olympic Committee, since the existing lexicographic ranking and sum ranking systems are both criticized as biases. More specifically, the lexicographic ranking system is deemed as overvaluing gold medals, while the sum ranking system fails to reveal the real value of gold medals and fails to discriminate National Olympic Committees that won equal number of medals. To start, we employ a sophisticated mathematical method based upon the incenter of a convex cone to aggregate the lexicographic ranking system. Then, we consider the fact that the preferences between the lexicographic and the sum ranking systems may not be consistent across National Olympic Committees and develop a well-designed mathematical transformation to obtain interval assessment results under typical preference. The formulation of intervals is inspired by the observation that it is extremely difficult to achieve a group consensus on the exact value of weights with respect to each ranking system, since different weight elicitation methods may produce different weight schemes. Finally, regarding the derived decision making problem involving interval-valued data, this paper utilizes the Stochastic Multicriteria Acceptability Analysis to obtain a comprehensive ranking of all National Olympic Committees. Instead of determining precise weights, this work probes the weight space to guarantee each alternative getting the most preferred one. The proposed method is illustrated by presenting a new ranking of 12 National Olympic Committees participating in the London 2012 Summer Olympic Games.

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Acceptability of Operations

Mikkilä

Koistinen

Kuokkanen

et al. 2020

Encyclopedia of Sustainable Management

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Acceptability of activities; Acceptability of processes; Legitimacy of operations; License to operate Definition Acceptability is a value-bound social concept applied commonly when referring to societal relationships between an organization and involved groups, i.e., judges that evaluate operations or actions of the unit. The acceptability of a matter reflects the values of a society at a certain point in time and place. A value refers to choices are which are (1) adopted from the surroundings, (2) considered in common, (3) permanent, and (4) concerned with the defined targets (Allardt 1983). The other value-related feature is the matter of judgment. This entails the process that a judge evaluates the value-based matter and gives standards and criteria to the matter. Fredrick (1995) considered each person's having personal values, which characterizes values as capable of expressing relative human diversity in social time and space. Values tend to follow new social trends. The general substances of value characterize the concept giving the changing feature to the concept of acceptability. As a value, it is relatively permanent in nature, although value changes do occur for various reasons and can operate in different directions. Changes in social, cultural, demographic, economic, and technological factors can often be identified behind the value development (Karppinen 1998). The changing nature is one of the major limitations of the acceptability concept when standardizing organizational operations and process through the third-party judgment. The acceptance is closely related to operations that interact closely with surrounding societies. Consequently, the concept of acceptability is used in practice when referring to societal relationships within socially sensitive sectors, such as natural resources-based sectors, sectors related to basic needs, like food, water, and energy, or other type necessities, or health care and medical sectors.

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Measuring national energy performance via Energy Trilemma Index: A Stochastic Multicriteria Acceptability Analysis

Cited by 77 publications

References 33 publications

A stochastic multicriteria acceptability analysis–evidential reasoning method for uncertain multiattribute decision‐making problems

A stochastic multicriteria acceptability analysis–evidential reasoning method for uncertain multiattribute decision‐making problems

Modifying Olympics Medal Table via a Stochastic Multicriteria Acceptability Analysis

Acceptability of Operations

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