Multiobjective dynamic programming in bipolar multistage method

Tadeusz Trzaskalik ()
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Tadeusz Trzaskalik: University of Economics

Annals of Operations Research, 2022, vol. 311, issue 2, No 31, 1259-1279

Abstract: Abstract The multicriteria Bipolar method can be extended and used to control multicriteria, multistage decision processes. In this extension, at each stage of the given multistage process two sets of reference points are determined, constituting a reference system for the evaluation of stage alternatives. Multistage alternatives, which are compositions of stage alternatives, are assigned to one of six predefined hierarchical classes and then ranked. The aim of this paper is to show the possibility of finding the best multistage alternative, using Bellman’s optimality principle and optimality equations. Of particular importance is a theorem on the non-dominance of the best multistage alternative, proven here. The methodology proposed allows to avoid reviewing each multistage alternative, which is important in large-size problems. The method is illustrated by a numerical example and a brief description of the sustainable regional development problem. The problem can be solved by means of the proposed procedure.

Keywords: Bipolar multistage method; Multiobjective dynamic programming; MCDA; Reference sets; Multistage alternatives (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s10479-020-03911-2

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