Multi-criterion Evaluation of Development Strategy Components in the Presence of Intangibles and Uncertainty

Regional development comprises a complex process. Therefore, its modelling requires application of appropriate tools. The tools have to be able to cope with diversity of issues including intangibility of utilised resources and obtained results, uncertainty with regard to available information, confl...

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Bibliographic Details
Main Authors: Dytczak, M., Ginda, G.
Format: Conference Proceeding
Language:English
Subjects:
Complexity theory
Computational modeling
Decision making
DEMATEL
evaluation
game against nature
Games
MCDA
Modeling
regional development
simulation
Software
strategy
system analysis
Uncertainty
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Summary:Regional development comprises a complex process. Therefore, its modelling requires application of appropriate tools. The tools have to be able to cope with diversity of issues including intangibility of utilised resources and obtained results, uncertainty with regard to available information, conflicts between different stakeholders etc. An approach for decision support with regard to sustainable development strategy components evaluation is introduced in the paper. It comprises combination of 3 components, namely: multi-criterion decision analysis, simulation and a concept of a game against nature. Each of the components makes it possible to address devoted sources of complexity. Due to computational requirements practical validation and utilisation of the approach is only possible using its software implementation. The implementation is still in development now. But preliminary results obtained for a sample problem of key development areas identification are encouraging.
DOI:10.1109/ICSEng.2008.95