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Abstract: Background: Sustainable energy transition of a country is complex and long-term process, which requires decision-making in all stages and at all levels, including a large number of different factors, with different causality. The main objective of this paper is the development of a probabilistic model for decision-making in sustainable energy transition in developing countries of SE Europe. The model will be developed according to the specificities of the countries for which it is intended—SE Europe. These are countries where energy transition is slower and more difficult due to many factors: high degree of uncertainty, low transparency, corruption, investment problems, insufficiently reliable data, lower level of economic development, high level of corruption and untrained human resources. All these factors are making decision-making more challenging and demanding. Methods: Research was done by using content analysis, artificial intelligence methods, software development method and testing. The model was developed by using MSBNx—Microsoft Research’s Bayesian Network Authoring and Evaluation Tool. Results: Due to the large number of insufficiently clear, but interdependent factors, the model is developed on the principle of probabilistic (Bayesian) networks of factors of interest. The paper presents the first model for supporting decision-making in the field of energy sustainability for the region of Southeastern Europe, which is based on the application of Bayesian Networks. Conclusion: Testing of the developed model showed certain characteristics, discussed in paper. The application of developed model will make it possible to predict the short-term and long-term consequences that may occur during energy transition by varying these factors. Recommendations are given for further development of the model, based on Bayesian networks.
Keywords: sustainable energy transition, SE Europe, decision-making, Bayesian networks
Published in DKUM: 19.08.2024; Views: 81; Downloads: 4
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Abstract: When introducing new technologies, companies are repeatedly faced with choosing between solutions from different providers. Regardless of all the good technical characteristics of the technology, if it is chosen inappropriately, it can prove to be a cost driver instead of something that brings added value to the system. Aware of this, we considered selecting a real-time location system (RTLS) based on Ultra-wideband technology in the indoor work environment. In practice and theory, it has been proven that the introduction of the RTLS can have highly positive effects on performance and business sustainability indicators. When reviewing the literature, it was noticed that authors solely focus on the technical properties of the systems and prices when giving guidelines on selecting the optimal RTLS. This article aims to provide advanced guidelines for UWB RTLS selection, proposing a phased selection process which is the main novelty proposed and investigated in this research. The guidelines are based on fragmented recommendations in the scientific literature that have been identified, gathered, considered, and reasonably allocated to the advanced performance-oriented phased selection process. In practice, this approach enables decision-makers to choose the most efficient and most appropriate UWB RTLS for specific logistics systems.
Keywords: decision-making, location data, RTLS, UWB, technology selection
Published in DKUM: 04.07.2024; Views: 136; Downloads: 11
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Abstract: The master’s thesis is devoted to the issue of Artificial Intelligence (AI) perspectives in the judiciary, in particular, its application to selected parts of civil proceedings. AI affects virtually the future of every industry and every human being. The application of AI technologies in the legal industry is an issue of growing interest. In particular, attention is drawn to the judicial system due to the fact that, apart from its position of guarantor of justice in society enabling its members to enjoy their rights and freedoms granted by law, it is a service of its nature. Almost all leading jurisdictions apply AI systems in attempts to enhance the efficiency of the court proceedings. Without any doubts, AI already and successfully can imitate activities traditionally performed by humans in the courts: from vision, recognising and extracting information, whether from the document, picture or natural speech, to analysing of information received and predicting the outcomes or decision-making. However, it is hard to say that AI-era in the judiciary has already begun. There is no jurisdiction in the world in which AI is fully given ‘green light’- they are all at the beginning of the AI-journey. That is mostly due to the fact that the same technical specifications, which power achievements, accuracy and flexibility of AI, place serious limitations for the wide application thereof. First of all, AI systems rely on data, which can be biased or spoiled in another way initially or easily manipulated later. Secondly, AI systems are not transparent (black-box-problem) and, as a result, are incomprehensible. These two shortcomings place an obstacle for the correct realisation of some fundamental rights in civil proceedings in their traditional understanding, and consequently, for the wide deployment of AI systems therein. It is concluded that the application of AI in the judiciary, in general, and in the civil proceedings, in particular, is subject of sufficient limitations mostly due to incompliance of AI systems with the traditional understanding of fundamental rights and principles the civil proceedings stand on. In the pursuit of the effectiveness of judiciary by means of AI application, fundamental guarantees can appear at stake, and vice versa, in the pursuit of respect of fundamental rights, the judiciary may be left out of the modern world in the stage of complete inadequacy to the needs of the society, therefore, the issue is required extensive research in order to find a fair and right balance.
Keywords: artificial intelligence, judiciary, civil proceedings, AI-judge, efficiency of the judiciary, automatic decision-making
Published in DKUM: 24.09.2021; Views: 950; Downloads: 127
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Abstract: After this general observation of decision processes we want to have a look at two decision making situations, that necessitate these processes, more detailed: Investment decisions are on the agenda for small and medium-sized companies, while acquisition decisions are more relevant in larger companies.
Keywords: decision-making, investment decisions, acquisition decisions, monetary assessment, effects, economic-ecological net effect
Published in DKUM: 11.05.2018; Views: 1211; Downloads: 60
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Abstract: As a leader’s behavior can have a strong impact on different employee work- related outcomes, various approaches have been put forth in an effort to determine the most effective form of leadership and determinants of individuals’ choice of leadership style. This paper analyzed whether one’s choice of leadership style is due more to personal or organizational characteristics. We used survey data to investigate the determinants of leadership style among Montenegrin managers. Our analysis showed that, although demographic characteristics such as gender, age, and education do not influence the choice of leadership style, internal organizational characteristics such as hierarchical level, managerial orientation to tasks/people, and decision-making characteristics such as decision- making style and decision-making environment are positively associated with the choice of democratic leadership style. This contributes to recent research in leadership that shows how some personal characteristics are considered to be less important in developing certain styles and that the choice of style is more dependent and contingent on external influences and situations.
Keywords: decision-making characteristics, demographic characteristics, internal organizational characteristics, leadership style, Montenegro
Published in DKUM: 03.05.2018; Views: 1231; Downloads: 59
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