Optioiden hinnoittelu volatiliteetin ollessa stokastinen
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Complementary Judgment Matrix Method with Imprecise Information for Multicriteria Decision-Making
Wang, Haichao; Lahdelma, Risto; Salminen, Pekka (Hindawi Publishing Corporation, 2018)The complementary judgment matrix (CJM) method is an MCDA (multicriteria decision aiding) method based on pairwise comparisons. As in AHP, the decision-maker (DM) can specify his/her preferences using pairwise comparisons, ... -
Stochastic multicriteria evaluation of district heating systems considering the uncertainties
Wang, Haichao; Lahdelma, Risto; Salminen, Pekka (Taylor and Francis Inc., 2018)It is of great importance to choose a suitable district heating (DH) system for a specific DH area from the economics, environment and energy (3E) points of view. This is a multicriteria decision making problem, in which ... -
Multicriteria evaluation of carbon-neutral heat-only production technologies for district heating
Kirppu, Heidi; Lahdelma, Risto; Salminen, Pekka (Pergamon, 2018)Climate change mitigation requires reducing dependence on fossil fuels and transition to low carbon energy production technologies. Nearly half of the global final energy consumption is thermal energy produced from ... -
Using uncertain preferential information from stakeholders to assess the acceptability of alternative forest management plans
Eyvindson, Kyle; Öhman, Karin; Nordström, Eva‐Maria (John Wiley & Sons Ltd., 2018)In forest management planning, participatory planning processes are often encouraged as a means to acquire relevant information and to enhance the stakeholders' acceptability of alternative plans. This requires the aggregation ... -
Multicriteria Decision Aiding for Planning Renewable Power Production at Moroccan Airports
Menou, Abdellah; Lahdelma, Risto; Salminen, Pekka (MDPI AG, 2022)This study is about multicriteria decision aiding (MCDA) for the green airports program of the Moroccan Airport Authority ONDA. The goal of the program is to develop significant amounts of renewable power at airports. In ...