Project net present value estimation under uncertainty

H Gaspars-Wieloch - Central European Journal of Operations Research, 2019‏ - Springer
The paper contains a description of a possible modification of the original Net Present Value
which allows one to evaluate projects under uncertainty with unknown probabilities …

Newsvendor problem under complete uncertainty: a case of innovative products

H Gaspars-Wieloch - Central European journal of operations research, 2017‏ - Springer
The paper presents a new scenario-based decision rule for the classical version of the
newsvendor problem (NP) under complete uncertainty (ie uncertainty with unknown …

Role of scenario planning and probabilities in economic decision problems–literature review and new conclusions

H Gaspars-Wieloch - 2019‏ - etalpykla.vilniustech.lt
Purpose–scenario planning is very helpful when the decision maker deals with uncertain
issues. Probabilities are also frequently applied to such problems. In the paper, we examine …

[HTML][HTML] A new application for the Goal Programming—The Target Decision Rule for uncertain problems

H Gaspars-Wieloch - Journal of risk and financial management, 2020‏ - mdpi.com
The goal programming (GP) is a well-known approach applied to multi-criteria decision
making (M-DM). It has been used in many domains and the literature offers diverse …

EdTech investment: Optimism, pessimism, and uncertainty

NDI Lestari, AP Subriadi - 2021 International Conference on …, 2021‏ - ieeexplore.ieee.org
EdTech (Educational Technology) is an example of information technology (IT) investment in
education. The existence of EdTech is expected to be able to improve the quality of teaching …

AHP based on scenarios and the optimism coefficient for new and risky projects: case of independent criteria

H Gaspars-Wieloch - Annals of Operations Research, 2024‏ - Springer
AHP is a well-known multi-criteria procedure which has been investigated and developed by
many researchers and practitioners. Some AHP modifications are designed for decision …

The impact of the structure of the payoff matrix on the final decision made under uncertainty

H Gaspars-Wieloch - Asia-Pacific Journal of Operational Research, 2018‏ - World Scientific
When decisions are made under uncertainty (DMUU), the decision maker either disposes of
an interval of possible profits for each alternative (the interval DMUU) or disposes of a …

Scenario planning combined with probabilities as a risk management tool-analysis of pros and cons

H Gaspars-Wieloch - International Journal of Economics …, 2021‏ - inderscienceonline.com
Scenario planning and probabilities are often very helpful in uncertain decision problems. In
the paper, we examine the correctness of combining probabilities with scenario planning in …

[HTML][HTML] From goal programming for continuous multi-criteria optimization to the target decision rule for mixed uncertain problems

H Gaspars-Wieloch - Entropy, 2022‏ - mdpi.com
Goal programming (GP) is applied to the discrete and continuous version of multi-criteria
optimization. Recently, some essential analogies between multi-criteria decision making …

Risk-oriented internal control: the essence, management methods at small enterprises

VA Piskunov, VA Manyayeva, TE Tatarovskaya… - … Electronic Journal of …, 2016‏ - iejme.com
The research topic relevance is inspired by necessity to develop theoretical and methodical
provisions on the internal control system, risk-based management at small enterprises and …