This chapter discusses several applications of the REPOMP procedure (Randomized Expert Panel Opinion Marginalizing Procedure). It analyzes the subjective opinion of an expert panel in a multicriteria decision making situation. It starts with an expert panel constructing a hierarchical structure of criteria to evaluate the alternatives. At a next stage, the same expert panel evaluates the relative weight of each criterion and the degree of compliance of each alternative with those criteria. Then a randomized procedure is applied to calculate the marginal indicator of each alternative and make the final ordering based on it. Additional simulation procedure is applied to analyze the distribution of that marginal indicator. The alternatives are also being allocated to indifference classes using hypothesis testing procedures. The analyzed examples refer to issues in environmental management, energy efficiency and spatial data infrastructures.
History
Publication title
Progressive Engineering Practices in Marine Resource Management
Editors
I Zlateva, V Raykov, N Nikolov
Pagination
48-76
ISBN
9781466683334
Department/School
Australian Maritime College
Publisher
IGI Global
Place of publication
USA
Extent
13
Rights statement
Copyright 2015 IGI Global
Repository Status
Restricted
Socio-economic Objectives
Expanding knowledge in the information and computing sciences