527 articles related to imbalanced data and rare events are reviewed.Viewing reviewed papers from both technical and practical perspectives.Summarizing existing methods and corresponding statistics by a new taxonomy idea.Categorizing 162 application papers into 13 domains and giving introduction.Some opening questions are discussed at the end of this manuscript. Rare events, especially those that could potentially negatively impact society, often require humans decision-making responses. Detecting rare events can be viewed as a prediction task in data mining and machine learning communities. As these events are rarely observed in daily life, the prediction task suffers from a lack of balanced data. In this paper, we provide an in depth review of rare event detection from an imbalanced learning perspective. Five hundred and seventeen related papers that have been published in the past decade were collected for the study. The initial statistics suggested that rare events detection and imbalanced learning are concerned across a wide range of research areas from management science to engineering. We reviewed all collected papers from both a technical and a practical point of view. Modeling methods discussed include techniques such as data preprocessing, classification algorithms and model evaluation. For applications, we first provide a comprehensive taxonomy of the existing application domains of imbalanced learning, and then we detail the applications for each category. Finally, some suggestions from the reviewed papers are incorporated with our experiences and judgments to offer further research directions for the imbalanced learning and rare event detection fields.

Learning from class-imbalanced data

In the current era of sustainable development, energy planning has become complex due to the involvement of multiple benchmarks like technical, social, economic and environmental. This in turn puts major constraints for decision makers to optimize energy alternatives independently and discretely especially in case of rural communities. In addition, topographical limitations concerning renewable energy systems which are mostly distributed in nature, the energy planning becomes more complicated. In such cases, decision analysis plays a vital role for designing such systems by considering various criteria and objectives even at disintegrated levels of electrification. Multiple criteria decision making (MCDM) is a branch of operational research dealing with finding optimal results in complex scenarios including various indicators, conflicting objectives and criteria. This tool is becoming popular in the field of energy planning due to the flexibility it provides to the decision makers to take decisions while considering all the criteria and objectives simultaneously. This article develops an insight into various MCDM techniques, progress made by considering renewable energy applications over MCDM methods and future prospects in this area. An extensive review in the sphere of sustainable energy has been performed by utilizing MCDM technique.

A review of multi criteria decision making (MCDM) towards sustainable renewable energy development

Purpose The purpose of this paper is to discuss the advantage of a combinatory methodology presented in this study. The paper suggests that the comparison with results of previously developed methods is in high agreement. Design/methodology/approach This paper introduces a combined compromise decision-making algorithm with the aid of some aggregation strategies. The authors have considered a distance measure, which originates from grey relational coefficient and targets to enhance the flexibility of the results. Hence, the weight of the alternatives is placed in the decision-making process with three equations. In the final stage, an aggregated multiplication rule is employed to release the ranking of the alternatives and end the decision process. Findings The authors described a real case of choosing logistics and transportation companies in France from a supply chain project. Some comparisons such as sensitivity analysis approach and comparing to other studies and methods provided to validate the performance of the proposed algorithm. Originality/value The algorithm has a unique structure among MCDM methods which is presented for the first time in this paper.

/pdf/a-combined-compromise-solution-cocoso-method-for-multi-2t1emeu20z.pdf

A Combined Compromise Solution (CoCoSo) method for multi-criteria decision-making problems

A bibliometric based survey on AHP and TOPSIS methods has been conducted.Scopus database was employed to retrieve the required data for this analysis.Assessment of quantitative and qualitative bibliometric indicators was obtainable.Efficacy of these methods promotes the development of related research.More scientific research interests will be devoted to these methods in the future. In recent years, the employment of multiple criteria decision analysis (MCDA) techniques in solving complex real-world problems has increased exponentially. The willingness to build advanced decision models, with higher capabilities to support decision making in a wide range of applications, promotes the integration of MCDA techniques with efficient systems such as intelligence and expert systems, geographic information systems, etc. Amongst the most applied MCDA techniques are Analytic Hierarchy Process (AHP) and Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). The development of a comprehensive perspective on research activities associated with the applications of these methods provides insights into the contributions of countries, institutes, authors and journals towards the advancements of these methods. Furthermore, it helps in identifying the status and trends of research. This in turn will help researchers in shaping up and improving future research activities and investments. To meet these aims, a bibliometric analysis based on data harvested from Scopus database was carried out to identify a set of bibliometric performance indicators (i.e. quantitative indicators such as productivity, and qualitative indicators such as citations and Hirsch index (h-index)). Additionally, bibliometric visualization maps were employed to identify the hot spots of research. The total research output was 10,188 documents for AHP and 2412 documents for TOPSIS. China took a leading position in AHP research (3513 documents; 34.5%). It was also the leading country in TOPSIS research (846 documents; 35.1%). The most collaborated country in AHP research was the United States, while in case of TOPSIS it was China. The United States had gained the highest h-index (78) in AHP research, while in TOPSIS it was Taiwan with h-index of 46. Expert Systems with Applications journal was the most productive journal in AHP (204; 2.0%) and TOPSIS research (125; 5.2%), simultaneously. University of Tehran, Iran and Islamic Azad University, Iran were the most productive institutions in AHP (173; 1.7%) and TOPSIS (115; 4.8%) research, simultaneously. The major hot topics that utilized AHP and will continue to be active include different applications of geographic information systems, risk modeling and supply chain management. While for TOPSIS, they are supply chain management and sustainability research. Overall, this analysis has shown increasing recognition of powerful of MCDA techniques to support strategic decisions. The efficacy of these methods in the previous context promotes their progress and advancements.

https://scholar.ptuk.edu.ps/bitstream/123456789/349/1/TOPSIS.pdf

A bibliometric-based survey on AHP and TOPSIS techniques

This paper presents an application and extension of multiple-criteria decision-making (MCDM) methods to account for stochastic input variables. More in particular, a comparative study is carried out among well-known and widely-applied methods in MCDM, when applied to the reference problem of the selection of wind turbine support structures for a given deployment location. Along with data from industrial experts, six deterministic MCDM methods are studied, so as to determine the best alternative among the available options, assessed against selected criteria with a view toward assigning confidence levels to each option. Following an overview of the literature around MCDM problems, the best practice implementation of each method is presented aiming to assist stakeholders and decision-makers to support decisions in real-world applications, where many and often conflicting criteria are present within uncertain environments. The outcomes of this research highlight that more sophisticated methods, such as technique for the order of preference by similarity to the ideal solution (TOPSIS) and Preference Ranking Organization method for enrichment evaluation (PROMETHEE), better predict the optimum design alternative.

/pdf/a-comparative-study-of-multiple-criteria-decision-making-3t8lykxg1l.pdf

Martin Brandt Jepsen

Papers

ELECTRE: A comprehensive literature review on methodologies and applications