value tree
QxEAI: Quantum-like evolutionary algorithm for automated probabilistic forecasting
Forecasting, to estimate future events, is crucial for business and decision-making. This paper proposes QxEAI, a methodology that produces a probabilistic forecast that utilizes a quantum-like evolutionary algorithm based on training a quantum-like logic decision tree and a classical value tree on a small number of related time series. We demonstrate how the application of our quantum-like evolutionary algorithm to forecasting can overcome the challenges faced by classical and other machine learning approaches. By using three real-world datasets (Dow Jones Index, retail sales, gas consumption), we show how our methodology produces accurate forecasts while requiring little to none manual work.
Conflict Transformation and Management. From Cognitive Maps to Value Trees
Tosunlu, Berkay H., Guillaume, Joseph H. A., Tsoukiàs, Alexis
Conflict transformation and management are complex decision processes with extremely high stakes at hand and could greatly benefit from formal approaches to decision support. For this purpose we develop a general framework about how to use problem structuring methods for such purposes. More precisely we show how to transform cognitive maps to value trees in order to promote a more design-oriented approach to decision support aiming at constructing innovative solutions for conflict management purposes. We show that our findings have a much wider validity since they allow to move from a descriptive representation of a problem situation to a more prescriptive one using formal procedures and models.