Networked partner selection with robust portfolio modeling

Toni Jarimo; Kalle Korpiaho

doi:10.1007/978-0-387-79426-6_16

Networked partner selection with robust portfolio modeling

Toni Jarimo, Kalle Korpiaho

VTT Technical Research Centre of Finland

Research output: Chapter in Book/Report/Conference proceeding › Chapter or book article › Scientific › peer-review

Abstract

This chapter illustrates the applicability of mathematical decision-analysis in VO partner selection. The approach allows for multiple criteria, which can also relate to inter-organizational issues such as collaboration history between partner candidates. Moreover, the approach is soft in the sense that it allows interval parameter data, instead of point estimates. Using the RPM method, Pareto-efficient VO configurations can be identified and the robustness of the candidates can be analyzed. The results suggest that the models are very useful in practical decision-making situations.

Original language	English
Title of host publication	Collaborative Networks: Reference Modelling
Editors	Luis M. Camarinha-Matos, Hamideh Afsarmanesh
Publisher	Springer
Chapter	4.3
Pages	215-226
ISBN (Electronic)	978-0-387-79426-6
ISBN (Print)	978-0-387-79425-9
DOIs	https://doi.org/10.1007/978-0-387-79426-6_16
Publication status	Published - 2008
MoE publication type	A3 Part of a book or another research book

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title = "Networked partner selection with robust portfolio modeling",

abstract = "This chapter illustrates the applicability of mathematical decision-analysis in VO partner selection. The approach allows for multiple criteria, which can also relate to inter-organizational issues such as collaboration history between partner candidates. Moreover, the approach is soft in the sense that it allows interval parameter data, instead of point estimates. Using the RPM method, Pareto-efficient VO configurations can be identified and the robustness of the candidates can be analyzed. The results suggest that the models are very useful in practical decision-making situations.",

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AB - This chapter illustrates the applicability of mathematical decision-analysis in VO partner selection. The approach allows for multiple criteria, which can also relate to inter-organizational issues such as collaboration history between partner candidates. Moreover, the approach is soft in the sense that it allows interval parameter data, instead of point estimates. Using the RPM method, Pareto-efficient VO configurations can be identified and the robustness of the candidates can be analyzed. The results suggest that the models are very useful in practical decision-making situations.

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Networked partner selection with robust portfolio modeling

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