Decision Making and Optimization in Changeable Spaces, A Paradigm Shift

Decision Making and Optimization in Changeable Spaces, A Paradigm Shift

This paper proposes a new decision making/optimization paradigm, the decision making/optimization in changeable spaces (DM/OCS). The unique feature of DM/OCS is that it incorporates human psychology and its dynamics as part of the decision making process and allows the restructuring of the decisi...

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Main Authors: Larbani, Moussa, Yu, Po-Lung
Format: Conference or Workshop Item
Language:English
Published: 2012
Subjects:
HB131 Methodology.Mathematical economics. Quantitative methods
Online Access:http://irep.iium.edu.my/26758/
http://irep.iium.edu.my/26758/1/Kuantan_Conference_2.ppt
id iium-26758
recordtype eprints
spelling iium-267582013-04-30T07:26:54Z http://irep.iium.edu.my/26758/ Decision Making and Optimization in Changeable Spaces, A Paradigm Shift Larbani, Moussa Yu, Po-Lung HB131 Methodology.Mathematical economics. Quantitative methods This paper proposes a new decision making/optimization paradigm, the decision making/optimization in changeable spaces (DM/OCS). The unique feature of DM/OCS is that it incorporates human psychology and its dynamics as part of the decision making process and allows the restructuring of the decision parameters. DM/OCS is based on Habitual Domain theory, the decision parameters, the concept of competence set, and the mental operators 7-8-9 principles of deep knowledge. The covering and discovering processes are formulated as DM/OCS problems. Some illustrative examples of challenging problems that cannot be solved by traditional decision making/optimization techniques are formulated as DM/OCS problems and solved. In addition, some directions of research related to innovation dynamics, management, artificial intelligence, artificial and e-economics, scientific discovery, and knowledge extraction are provided in the conclusion. 2012 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/26758/1/Kuantan_Conference_2.ppt Larbani, Moussa and Yu, Po-Lung (2012) Decision Making and Optimization in Changeable Spaces, A Paradigm Shift. In: 4th International Conference on Advancement in Science and Technology (iCAST), 7-10 November, 2012, Kuntan. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HB131 Methodology.Mathematical economics. Quantitative methods
spellingShingle HB131 Methodology.Mathematical economics. Quantitative methods
Larbani, Moussa
Yu, Po-Lung
Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
description This paper proposes a new decision making/optimization paradigm, the decision making/optimization in changeable spaces (DM/OCS). The unique feature of DM/OCS is that it incorporates human psychology and its dynamics as part of the decision making process and allows the restructuring of the decision parameters. DM/OCS is based on Habitual Domain theory, the decision parameters, the concept of competence set, and the mental operators 7-8-9 principles of deep knowledge. The covering and discovering processes are formulated as DM/OCS problems. Some illustrative examples of challenging problems that cannot be solved by traditional decision making/optimization techniques are formulated as DM/OCS problems and solved. In addition, some directions of research related to innovation dynamics, management, artificial intelligence, artificial and e-economics, scientific discovery, and knowledge extraction are provided in the conclusion.
format Conference or Workshop Item
author Larbani, Moussa
Yu, Po-Lung
author_facet Larbani, Moussa
Yu, Po-Lung
author_sort Larbani, Moussa
title Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
title_short Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
title_full Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
title_fullStr Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
title_full_unstemmed Decision Making and Optimization in Changeable Spaces, A Paradigm Shift
title_sort decision making and optimization in changeable spaces, a paradigm shift
publishDate 2012
url http://irep.iium.edu.my/26758/
http://irep.iium.edu.my/26758/1/Kuantan_Conference_2.ppt
first_indexed 2023-09-18T20:39:49Z
last_indexed 2023-09-18T20:39:49Z
_version_ 1777409290026352640

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