Abstract
This chapter presents a summary of reference point methodology in vector optimization and decision support. The methodology has been developed at the International Institute for Applied Systems Analysis (IIASA) since 1980 and found numerous applications, both in IIASA and elsewhere. The chapter presents methodological foundations, basic concepts and notation, reference points and achievement functions, neutral and weighted compromise solutions, issues of modeling for multi-objective analysis, some basic applications of reference point methods and a discussion of a decision process type supported by reference point methodology.
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Wierzbicki, A.P. (1999). Reference Point Approaches. In: Gal, T., Stewart, T.J., Hanne, T. (eds) Multicriteria Decision Making. International Series in Operations Research & Management Science, vol 21. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5025-9_9
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DOI: https://doi.org/10.1007/978-1-4615-5025-9_9
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