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The University of Southampton
Centre for Risk Research

Roles of Multicriteria Decision Analysis in Public Sector Strategic Planning Event

Origin: 
CORMSIS Centre for Operational Research, Management Sciences and Information Systems
Time:
14:00
Date:
26 October 2017
Venue:
Building 58, Room 1023

For more information regarding this event, please email Konstantinos Katsikopoulos at k.katsikopoulos@soton.ac.uk .

Event details

The concepts developed in this presentation arose specifically in the context of national energy planning in developing countries, taking into consideration both reaction to and mitigation of climate change. The concepts undoubtedly apply equally to other strategic natural resource planning problems. We identify three phases in such strategic planning processes: an initial identification of courses of action that can be implemented; an assembly of such actions into portfolios that constitute potential policies; and the evaluation of such policies to provide final recommendations. Each phase can be viewed as a multiple criteria decision making problem in its own right, but different MCDA mechanisms will be appropriate to each. The first has a strong problem structuring element and discrete choice MCDA applied to a sorting problematique. The second is a multiobjective portfolio optimization problem, with the aim of generating a short-list for final consideration, within which we apply multiple reference point approaches. The third phase is again a discrete choice problem aimed at choice or ranking of alternatives, often in the presence of important qualitative criteria. We shall trace the development and integration of MCDA thinking through these three phases, and the need for backtracking at times to earlier phases. The approach will be illustrated by reference to earlier work in water resources planning, with some hypothetical extensions to create a clear numerical example.

Speaker information

Theodor Stewart ,University of Cape Town and University of Manchester ,is Emeritus Professor of Statistical Sciences at the University of Cape Town, and part-time professor of decision science in the Alliance Manchester Business School, University of Manchester. His primary research and academic interests are in multicriteria decision analysis and multiobjective optimization, particularly in the context of natural resource management and planning (including energy, fisheries, water and land use planning), and of Operational Research for Development. He is Editor-in-Chief of the Journal of Multi-Criteria Decision Analysis. His textbook coauthored with Valerie Belton on Multiple Criteria Decision Analysis: An Integrated Approach has attracted over 3200 citations (per Google Scholar).

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