Decision making with textual and spatial information

  • Authors:
  • Hana Kopackova;Jitka Komarkova;Pavel Sedlak

  • Affiliations:
  • Faculty of Economics and Administration, Institute of System Engineering and Informatics, University of Pardubice, Pardubice, Czech Republic;Faculty of Economics and Administration, Institute of System Engineering and Informatics, University of Pardubice, Pardubice, Czech Republic;Faculty of Economics and Administration, Institute of System Engineering and Informatics, University of Pardubice, Pardubice, Czech Republic

  • Venue:
  • WSEAS Transactions on Information Science and Applications
  • Year:
  • 2008

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Abstract

The aim of the paper is to show the way how textual and spatial information can be used in decision making process. Structured information represents only 10% of available information. Despite of this fact managers mostly rely on this type of information. Due to their marginalization in decision making practice, we focused on textual and spatial information in this article. Four case studies clearly illustrate usage of these types of information on practical examples.