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Bootstrap evaluation of expert panel opinion in case studies solved by REPOMP

Citation

Nikolova, ND and Ivanova, S and Georgieva, G and Armenski, I and Tenekedjiev, KI, Bootstrap evaluation of expert panel opinion in case studies solved by REPOMP, Progressive Engineering Practices in Marine Resource Management, IGI Global, I Zlateva, V Raykov, N Nikolov (ed), USA, pp. 48-76. ISBN 9781466683334 (2015) [Research Book Chapter]

Copyright Statement

Copyright 2015 IGI Global

DOI: doi:10.4018/978-1-4666-8333-4.ch002

Abstract

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.

Item Details

Item Type:Research Book Chapter
Keywords:REPOMP, multicriteria decision making, environmental management, energy efficiency, spatial data infrastructures
Research Division:Mathematical Sciences
Research Group:Statistics
Research Field:Applied Statistics
Objective Division:Expanding Knowledge
Objective Group:Expanding Knowledge
Objective Field:Expanding Knowledge in the Information and Computing Sciences
Author:Nikolova, ND (Professor Nataliya Nikolova)
Author:Tenekedjiev, KI (Professor Kiril Tenekedjiev)
ID Code:115708
Year Published:2015
Deposited By:Maritime and Logistics Management
Deposited On:2017-04-05
Last Modified:2017-06-15
Downloads:0

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