Misplaced Pages

DecideIT

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

DecideIT is a decision-making software for the Microsoft Windows operating system. It is based on multi-criteria decision making (MCDM) and the multi-attribute value theory (MAVT). It supports both value tree analysis for multi-attribute decision problems as well as decision tree analysis for evaluating decisions under risk and can combine these structures in a common model.

The software implements the Delta MCDM method and is therefore able to handle imprecise statements in terms of intervals, rankings, and comparisons. Earlier versions employed a so-called contraction analysis approach to evaluate decision problems with imprecise information, but as from DecideIT 3, the software supports second-order probabilities which enables a more discriminative power and more informative means for decision evaluation when expected value intervals are overlapping.

The software has been used for addressing decision problems in various domains, such as evaluation of fuels and biomass systems, district heating, energy transition, community decision-making., outbreak response measures, selection of tool for digital forensics, and broadband technology selection.

DecideIT is developed and maintained by the Swedish company Preference.

References

  1. Danielson, M.; Ekenberg, L. (1998). "A framework for analysing decisions under risk". European Journal of Operational Research. 104 (3): 474. doi:10.1016/S0377-2217(97)00022-2.
  2. Danielson, M. (2008), "Sensitivity Analyses in Interval Decision Modelling" (PDF), Engineering Letters, 17, retrieved 2012-11-19
  3. Danielson, M.; Ekenberg, L.; Larsson, A. (2019). "A second-order-based decision tool for evaluating decisions under conditions of severe uncertainty" (PDF). Knowledge-Based Systems. 191: 105219. doi:10.1016/j.knosys.2019.105219.
  4. Ekener, E.; Hansson, J.; Larsson, A.; Peck, P. (2018). "Developing Life Cycle Sustainability Assessment methodology by applying values-based sustainability weighting - Tested on biomass based and fossil transportation fuels". Journal of Cleaner Production. 181: 337–351. doi:10.1016/j.jclepro.2018.01.211.
  5. Buchholz, T.; Rametsteiner, E.; Volk, T. A.; Luzadis, V. A. (2009). "Multi Criteria Analysis for bioenergy systems assessments". Energy Policy. 37 (2): 484. doi:10.1016/j.enpol.2008.09.054.
  6. Björkqvist, O.; Idefeldt, J.; Larsson, A. (2010). "Risk assessment of new pricing strategies in the district heating market". Energy Policy. 38 (5): 2171. doi:10.1016/j.enpol.2009.11.064.
  7. Komendantova, N.; Ekenberg, L.; Marashdeh, L.; Al Salaymeh, A.; Danielson, M.; Linnerooth-Bayer, J. (2018). "Are energy security concerns dominating environmental concerns? Evidence from stakeholder participation processes on energy transition in Jordan". Climate. 6 (4): 88. doi:10.3390/cli6040088. hdl:20.500.11850/322282.
  8. Danielson, M.; Ekenberg, L.; Ekengren, A.; Hökby, T.; Lidén, J. (2008). "Decision process support for participatory democracy". Journal of Multi-Criteria Decision Analysis. 15 (1–2): 15–30. doi:10.1002/mcda.406.
  9. Ekenberg, L.; Mihai, A.; Fasth, T.; Komendantova, N.; Danielson, M. (2021). "A multi-criteria framework for pandemic response measures". Frontiers in Public Health. 9. doi:10.3389/fpubh.2021.583706. PMC 8096778.
  10. Talantsev, A.; Fasth, T.; Wenner, C.; Wolff, E.; Larsson, A. (2022). "Evaluation of pharmaceutical intervention strategies against pandemics in Sweden: A scenario-driven multiple criteria decision analysis study". Journal of Multi-Criteria Decision Analysis. 29 (1–2): 49–66. doi:10.1002/mcda.1779.
  11. Saleem, S.; Popov, O.; Baggili, I. (2016). "A method and a case study for the selection of the best available tool for mobile device forensics using decision analysis". Digital Investigation. 16: S55–S64. doi:10.1016/j.diin.2016.01.008.
  12. Araújo, M.; Ekenberg, L.; Danielson, M.; Confraria, J. (2022). "A multi-criteria approach to decision making in broadband technology selection". Group Decision and Negotiation. 31: 387–418. doi:10.1007/s10726-021-09772-9. hdl:10400.14/36461.
  13. McGinley, P. (2012), "Decision analysis software survey", OR/MS Today, vol. 39


Stub icon

This business software article is a stub. You can help Misplaced Pages by expanding it.

Categories: