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Reference Point Methods in Vector Optimization and Decision Support

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  • A.P. Wierzbicki

Abstract

This paper presents a summary of reference point methodology in vector optimization and decision support. The methodology was developed at IIASA since 1980 and applied in numerous projects, both in IIASA and elsewhere. The paper presents methodological foundations, basic concepts and notation, reference points and achievement functions, neutral and weighted compromise solutions, issues of modeling for multi-objective analysis, some basic applications of reference point methods and a discussion of a decision process type supported by reference point methodology.

Suggested Citation

  • A.P. Wierzbicki, 1998. "Reference Point Methods in Vector Optimization and Decision Support," Working Papers ir98017, International Institute for Applied Systems Analysis.
    • Handle: RePEc:wop:iasawp:ir98017
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    References listed on IDEAS

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    Cited by:

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    4. Mondal, Arijit & Giri, Binoy Krishna & Roy, Sankar Kumar, 2023. "An integrated sustainable bio-fuel and bio-energy supply chain: A novel approach based on DEMATEL and fuzzy-random robust flexible programming with Me measure," Applied Energy, Elsevier, vol. 343(C).

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