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Preference and veto thresholds in multicriteria analysis based on stochastic dominance

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  • Nowak, Maciej

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  • Nowak, Maciej, 2004. "Preference and veto thresholds in multicriteria analysis based on stochastic dominance," European Journal of Operational Research, Elsevier, vol. 158(2), pages 339-350, October.
    • Handle: RePEc:eee:ejores:v:158:y:2004:i:2:p:339-350
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    1. Whitmore, G A, 1970. "Third-Degree Stochastic Dominance," American Economic Review, American Economic Association, vol. 60(3), pages 457-459, June.
    2. G. Hanoch & H. Levy, 1969. "The Efficiency Analysis of Choices Involving Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(3), pages 335-346.
    3. Harry Markowitz, 1952. "The Utility of Wealth," Journal of Political Economy, University of Chicago Press, vol. 60(2), pages 151-151.
    4. Vijay S. Bawa, 1982. "Research Bibliography---Stochastic Dominance: A Research Bibliography," Management Science, INFORMS, vol. 28(6), pages 698-712, June.
    5. Martel, Jean M. & d'Avignon, Gilles R., 1982. "Projects ordering with multicriteria analysis," European Journal of Operational Research, Elsevier, vol. 10(1), pages 56-69, May.
    6. Ogryczak, Wlodzimierz & Ruszczynski, Andrzej, 1999. "From stochastic dominance to mean-risk models: Semideviations as risk measures," European Journal of Operational Research, Elsevier, vol. 116(1), pages 33-50, July.
    7. Hadar, Josef & Russell, William R, 1969. "Rules for Ordering Uncertain Prospects," American Economic Review, American Economic Association, vol. 59(1), pages 25-34, March.
    8. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    9. Harry Markowitz, 1952. "Portfolio Selection," Journal of Finance, American Finance Association, vol. 7(1), pages 77-91, March.
    10. Haim Levy, 1992. "Stochastic Dominance and Expected Utility: Survey and Analysis," Management Science, INFORMS, vol. 38(4), pages 555-593, April.
    11. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    12. Martel, Jean-Marc & D'Avignon, Gilles R. & Couillard, Jean, 1986. "A fuzzy outranking relation in multicriteria decision making," European Journal of Operational Research, Elsevier, vol. 25(2), pages 258-271, May.
    13. Gravel, Marc & Martel, Jean Marc & Nadeau, Raymond & Price, Wilson & Tremblay, Richard, 1992. "A multicriterion view of optimal resource allocation in job-shop production," European Journal of Operational Research, Elsevier, vol. 61(1-2), pages 230-244, August.
    14. D'Avignon, G. R. & Vincke, Ph., 1988. "An outranking method under uncertainty," European Journal of Operational Research, Elsevier, vol. 36(3), pages 311-321, September.
    15. C. C. Huang & D. Kira & I. Vertinsky, 1978. "Stochastic Dominance Rules for Multi-attribute Utility Functions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 611-615.
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    Cited by:

    1. Jiang, Yanping & Liang, Xia & Liang, Haiming & Yang, Ningman, 2018. "Multiple criteria decision making with interval stochastic variables: A method based on interval stochastic dominance," European Journal of Operational Research, Elsevier, vol. 271(2), pages 632-643.
    2. Fan, Zhi-Ping & Liu, Yang & Feng, Bo, 2010. "A method for stochastic multiple criteria decision making based on pairwise comparisons of alternatives with random evaluations," European Journal of Operational Research, Elsevier, vol. 207(2), pages 906-915, December.
    3. Maciej Nowak, 2010. "Interactive Multicriteria Decision Aiding Under Risk—Methods and Applications," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 12(1), pages 69-91, October.
    4. Antonio Jiménez-Martín & Eduardo Gallego & Alfonso Mateos & Juan A. Fernández Pozo, 2017. "Restoring a Radionuclide Contaminated Aquatic Ecosystem: A Group Decision Making Problem with Incomplete Information within MAUT Accounting for Veto," Group Decision and Negotiation, Springer, vol. 26(4), pages 653-675, July.
    5. Maciej Nowak & Tadeusz Trzaskalik, 2013. "Interactive procedure for a multiobjective stochastic discrete dynamic problem," Journal of Global Optimization, Springer, vol. 57(2), pages 315-330, October.
    6. Vincent Martinet, 2009. "Defining sustainability objectives," Working Papers hal-04140888, HAL.
    7. Mir Seyed Mohammad Mohsen Emamat & Caroline Maria de Miranda Mota & Mohammad Reza Mehregan & Mohammad Reza Sadeghi Moghadam & Philippe Nemery, 2022. "Using ELECTRE-TRI and FlowSort methods in a stock portfolio selection context," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-35, December.
    8. Nowak, Maciej, 2007. "Aspiration level approach in stochastic MCDM problems," European Journal of Operational Research, Elsevier, vol. 177(3), pages 1626-1640, March.
    9. Nowak, Maciej, 2006. "INSDECM--an interactive procedure for stochastic multicriteria decision problems," European Journal of Operational Research, Elsevier, vol. 175(3), pages 1413-1430, December.
    10. Govindan, Kannan & Jepsen, Martin Brandt, 2016. "ELECTRE: A comprehensive literature review on methodologies and applications," European Journal of Operational Research, Elsevier, vol. 250(1), pages 1-29.
    11. Su-min Yu & Zhi-jiao Du & Xu-dong Lin & Han-yang Luo & Jian-qiang Wang, 2020. "A Stochastic Dominance-Based Approach for Hotel Selection under Probabilistic Linguistic Environment," Mathematics, MDPI, vol. 8(9), pages 1-25, September.
    12. Maciej Nowak & Tadeusz Trzaskalik, 2022. "A trade-off multiobjective dynamic programming procedure and its application to project portfolio selection," Annals of Operations Research, Springer, vol. 311(2), pages 1155-1181, April.
    13. Durbach, Ian N. & Stewart, Theodor J., 2012. "Modeling uncertainty in multi-criteria decision analysis," European Journal of Operational Research, Elsevier, vol. 223(1), pages 1-14.
    14. Durbach, Ian N., 2014. "Outranking under uncertainty using scenarios," European Journal of Operational Research, Elsevier, vol. 232(1), pages 98-108.
    15. Yan-Ping Jiang & Hai-Ming Liang & Minghe Sun, 2014. "A method based on the ideal and nadir solutions for stochastic MADM problems," Working Papers 0178mss, College of Business, University of Texas at San Antonio.

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