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Talk: Risk, uncertainty and decision making models (46 min)

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DETAILED SLIDE INDEX

  1. 1. Introduction
  2. 2. Contents
  3. 3. Decision making concept (1)
  4. 4. Decision making concept (2)
  5. 5. Decision making environments
  6. 6. DM under certainty
  7. 7. DM under risk
  8. 8. DM under uncertainty
  9. 9. Ordered weighted averaging (OWA)
  10. 10. OWA calculations
  11. 11. DM under uncertainty example - The alternatives
  12. 12. DM under uncertainty example - states of nature
  13. 13. DM under uncertainty example - The payoff matrix
  14. 14. Optimistic criteria
  15. 15. Pessimistic criteria
  16. 16. Laplace criteria
  17. 17. Hurwicz criteria
  18. 18. OWA operator
  19. 19. OWA operator expressions
  20. 20. Risk criteria
  21. 21. Other DM models under uncertainty
  22. 22. Risk uncertainty - recent approaches
  23. 23. Additional DM models
  24. 24. Dealing with imprecise information
  25. 25. Example of dealing with imprecise information
  26. 26. Interval numbers
  27. 27. Interval numbers - The techniques' importance
  28. 28. Types of interval numbers
  29. 29. Intervals numbers - basic operations
  30. 30. Interval analysis - example
  31. 31. Ranking interval numbers
  32. 32. Fuzzy numbers
  33. 33. Triangular fuzzy numbers
  34. 34. Trapezoidal fuzzy numbers
  35. 35. Imprecise information - example
  36. 36. Imprecise optimistic criteria
  37. 37. Imprecise pessimistic criteria
  38. 38. Imprecise Laplace criteria
  39. 39. Ranking interval numbers - Laplace criteria
  40. 40. Imprecise Hurwicz criteria
  41. 41. Ranking interval numbers - Hurwicz criteria
  42. 42. Imprecise OWA operator
  43. 43. Ranking interval numbers - OWA operator
  44. 44. Bibliography
  45. 45. Thank you
  46. 46. END

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TALK'S CITATION

Merigó, J.M. (2011), "Risk, uncertainty and decision making models", in Engemann, K.J. (ed.), Business Continuity and Risk Management: Principles, practices and developments, The Marketing & Management Collection, Henry Stewart Talks Ltd, London (online at http://hstalks.com/?t=MM1382926)

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ABOUT THIS TALK

Speaker(s)

Prof. José M. Merigó Show Biography

SPEAKER BIOGRAPHY

Prof. José M. Merigó – University of Barcelona, Spain

José M. Merigó has an MSc and a PhD degree in Business Administration from the University of Barcelona, Spain. His PhD received the Extraordinary Award from the University of Barcelona. He also holds a Bachelor Degree in Economics from Lund University, Sweden. He is an Assistant Professor in the Department of Business Administration at the University of Barcelona. He has published more than 100 papers in journals, books and conference proceedings including journals such as Information Sciences, International Journal of Intelligent Systems, International Journal of Uncertainty, Fuzziness and Knowledge-Based Systems, Cybernetics & Systems, Computers & Industrial Engineering and International Journal of Fuzzy Systems. He has published 4 books including one edited with World Scientific “Computational Intelligence in Business and Economics”. He is on the editorial board of several journals including the Journal of Advanced Research on Fuzzy and Uncertain Systems and the ISTP Transactions of Systems & Cybernetics. He has participated in several scientific committees and serves as a reviewer in a wide range of journals including IEEE Transaction on Fuzzy Systems, Information Sciences and European Journal of Operational Research. He is currently interested in Aggregation Operators, Decision Making and Uncertainty.

Publication Date

May, 2011

Topics Covered

Decision making concept... more

TOPICS COVERED IN THIS TALK

  • Decision making concept
  • Decision making environments
  • DM under certainty, uncertainty and risk
  • Ordered weighted averaging
  • DM under uncertainty: alternatives and criteria
  • Additional DM models
  • Dealing with imprecise information
  • Interval numbers
  • Fuzzy numbers
  • Imprecise information criteria

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