Kofi Kissi Dompere's Cost-Benefit Analysis and the Theory of Fuzzy Decisions: PDF

By Kofi Kissi Dompere

ISBN-10: 3540444408

ISBN-13: 9783540444404

ISBN-10: 3642060560

ISBN-13: 9783642060564

This monograph is dedicated to the identity and dimension conception of prices and merits in a fuzzy info surroundings. the method of cost-benefit research is gifted, requiring the improvement of genuine cost-benefit databases and the development of cost-benefit criterion. those steps are complete with quite a few theoretical constructs that supply units of self-contained algorithms for program. This ebook integrates cost-benefit research, conception of fuzzy judgements and social judgements into unified determination algorithms obtainable to practitioners, researchers, and graduate scholars. It gains the necessities of fuzzy arithmetic and algorithms in a complete means, exposing a multi-disciplinary technique for the improvement of cost-benefit choice making within the framework of fuzziness and delicate computing.

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Additional info for Cost-Benefit Analysis and the Theory of Fuzzy Decisions: Identification and Measurement Theory

Example text

Social objectives are then abstracted from the preferences of interest groups. From the social objectives, program alternatives are constructed relative to their abilities to realFrom each program alternative, ize the objective of interest. characteristics that are divided into cost and benefit are identified through relational matrices. SOCIAL /~J. Xl .. ,:: .. ,.... ""'................ ,. :IDENTIFICATION: ... r" ....... _.................... - .. ~ X2 : ~ T·····~··· ~. a MATRICES : •. ... : ...

B ... ' k b} and group vector G = {G1 j ' G2 ,'" , Gj , ••• , a general social impact Gn } . Since the groups that may be affected by costs may be different from the groups that may be affected by benefits two different simple matrices may be abstracted from Fig. 4. They are simple real cost and benefit matrices relative to the vectors of social impact groups given the decision alternative. 5 44 2 The Theory of Computable Cost-Benefit Identification Matrices A ( [C] .... y A .... ~ '\ [G] ~ [GI ] [CI ] [C2] [GJ • • • • • [ Ci ] • • • SIMPLE REAL COST CHARACTERISTIC MATRIX ..

1 Cost-Effectiveness Analysis (CEA) Cost effectiveness is a tool of decision making that is used when the objective is specific with benefits known and given and alternatives of reaching the objectives are many where the benefits of these objectives are the same. The analysis is usually an attempt to select a minimum cost alternative from a set of feasible alternatives. It is usually directed towards choice problems in which the output cannot be evaluated at the market price. In other words, prices do not exist in the market to reflect the utility of the choice or the benefits are given and constant over all the feasible alternatives.

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Cost-Benefit Analysis and the Theory of Fuzzy Decisions: Identification and Measurement Theory by Kofi Kissi Dompere

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