Progress in Multicriteria Decision Making Models

This book offers a comprehensive exploration of Multicriteria Decision Making (MCDM) models, presenting a novel approach to hazard monitoring that enhances decision-making. Using advanced GIS techniques and integrating both subjective and objective models, this volume addresses the complex interdependencies of various risk factors. The chapters here explore how MCDM methods can be effectively applied to assess and manage risks associated with natural disasters and other hazards. They highlight various MCDM methodologies such as the Analytic Hierarchy Process (AHP), Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), and Multi-Attribute Utility Theory (MAUT), each offering unique approaches to complex decision problems. The significance of these methods lies in their ability to accommodate diverse preferences and handle uncertainties that are inherent in the monitoring and management of hazards. One of the central themes of the book is the holistic approach to hazard monitoring. This approach integrates various factors including hazard severity, the vulnerability of assets, and the likelihood of occurrence, economic implications, and societal impacts into a cohesive framework. This enables stakeholders to achieve a comprehensive understanding of hazards and their potential effects, facilitating more informed and robust decision-making. By showcasing applications across different domains such as disaster management, environmental risk assessment, urban planning, and infrastructure development, the book demonstrates the practical utility of MCDM in real-world settings. Each chapter provides detailed case studies and comparative analyses that illustrate how these methodologies can be applied to optimize hazard monitoring and risk assessment.