Multicriteria decision models and multivariate models: an application to the transportation of energy

Multicriteria decision models and multivariate models: an application to the transportation of energy

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Article ID: iaor20052736
Country: France
Volume: 33
Issue: 4
Start Page Number: 543
End Page Number: 568
Publication Date: Oct 1999
Journal: RAIRO Operations Research
Authors: ,
Abstract:

This paper presents an application of Multiple Attribute Utility Theory on strategic choices concerning energy transportation. The environmental assessment of a network reinforcement strategy is emphasized. Our assessment brings about to consider multidimensional variables in MCDM. However, Multi-Attributed Utility Theory (MAUT) cannot, as a practical matter, manage such variables. We therefore work out a methodology to transform multidimensional variables into unidimensional ones. We apply it then to a practical case. From the application, we draw some conclusions on Multi-Attributed Utility Theory and on its interest for strategic choices dealing with environmental consequences.

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