National Technical University of Athens

Laboratory of Industrial and Energy Economics, School of Chemical engineering

Published work

International journals

1. Mavrotas, G., Skoulaxinou, R., Gakis, N., Katsouros, V., Georgopoulou, E., (2013) A Multi-Objective Programming model for assessment the GHG emissions in MSW management, accepted for publication in Waste Management

2. Mavrotas, G., Florios, K. (2013) An improved version of the augmented ε-constraint method (AUGMECON2) for finding the exact Pareto set in Multi-Objective Integer Programming problems. Applied Mathematics and Computation 219, 9652-9669

3. Mavrotas, G., Pechak, O. (2013) The trichotomic approach for dealing with uncertainty in project portfolio selection: Combining MCDA, mathematical programming and Monte Carlo simulation. International Journal of Multiple Criteria Decision Making 3(1) 79-97

4. Xidonas, P., Mavrotas, G. (2012) Multiobjective portfolio optimization with non-convex policy constraints: Evidence from the Eurostoxx 50. The European Journal of Finance, DOI:10.1080/1351847X.2012.733718

5. Xidonas, P., Mavrotas, G., Krintas, T., Askounis, D., Mertzanis, C., Psarras, J., Zopounidis, C. (2011) Corporate performance evaluation: A multicriteria methodology and an application on the Athens Stock Exchange. International Journal of Business Excellence, 4 (6), 645-677.

6. Georgiou, P.N., Mavrotas, G., Diakoulaki, D. (2011) “The effect of islands’ interconnection to the mainland system on the development of renewable energy sources in the Greek power sector”, Renewable and Sustainable Energy Reviews 15(6), 2607-2620

7. Xidonas, P., Mavrotas, G., Zopounidis, C., Psarras, J. (2011) “IPSSIS: An integrated multicriteria decision support system for equity portfolio construction and selection” European Journal of Operational Research 210(2), 398-409

8. Pechak, O., Mavrotas, G., Diakoulaki, D. (2011) “Role and contribution of the clean development mechanism to the development of wind energy” Renewable and Sustainable Energy Reviews 15, 3380-3387

9. Mavrotas, G., Figueira, J.R., Antoniadis, A. (2011) “Using the idea of expanded core for the exact solution of Bi-Objective Multi-Dimensional Knapsack Problems”, Journal of Global Optimization 49(4), 589-606

10. Xidonas, P. Mavrotas, G., Psarras, J. (2010) “Portfolio construction on the Athens Stock Exchange: A multiobjective optimization approach”, Optimization 59(8) 1211-1229.

11. Kirytopoulos, K., Voulgaridou, E., Leopoulos, V., Mavrotas, G. (2010) “Multiple Sourcing Strategies and Order Allocation: an ANP-AUGMECON meta-model” submitted to Supply Chain Management: An International Journal 15(4), 263-276.

12. Xidonas, P. Mavrotas, G., Psarras, J. (2010) “Portfolio management within the frame of multiobjective mathematical programming: a categorised bibliographic study”, International Journal of Operational Research 8(1), 21-41.

13. Mavrotas, G., Florios, K., Vlachou, D. “Energy planning of a hospital using Mathematical Programming and Monte Carlo simulation for dealing with uncertainty in the economic parameters”, Energy Conversion and Management 51, 722-731

14. Florios, K., Mavrotas, G., Diakoulaki, D. (2010) “Solving multi-objective, multi-constraint knapsack problems using mathematical programming and evolutionary algorithms”, European Journal of Operational Research 203, 14-21

15. Xidonas, P., Mavrotas, G., Psarras, J., (2010) “A multiple criteria decision-making approach for the selection of stocks” Journal of the Operational Research Society  61, 1273-1287.

16. Mavrotas, G., Kourempele, M. Geronikolou, L., Rozakis, S. (2010) “Power generation expansion planning in an autonomous island system using multi-objective programming: the case of  Milos island”, Operational Research: An International Journal,10, 109-132

17. Mavrotas, G., Rozakis, S. (2009) “Extensions of the PROMETHEE method to deal with segmentation constraints: The case of a students’ selection problem for a postgraduate program” Journal of Decision Sciences 18(2), 203-229.

18. Xidonas, P., Mavrotas, G., Psarras, J., (2009) “Equity portfolio construction and selection using multiobjective mathematical programming” Journal of Global Optimization 47, 185-209

19. Mavrotas, G., Figueira, J.R., Florios, K. (2009) “Solving the bi-objective multi-dimensional knapsack problem exploiting the concept of core”, Applied Mathematics and Computation 215 2502-2514

20. Xidonas, P., Mavrotas, G., Psarras, J. (2009) “A multicriteria methodology for equity selection using financial analysis”, Computers & Operations Research 36(12), 3187-3203

21. Xidonas, P., Ergazakis, E., Ergazakis, K., Metaxiotis, K., Askounis, D., Mavrotas, G., Psarras, J. (2009) “On the selection of equity securities: An expert systems methodology and an application on the Athens Stock Exchange”, Expert Systems with Applications 36(9), 11966-11980.

22. Mavrotas G. (2009) “Effective implementation of the ε-constraint method in Multi-Objective Mathematical Programming problems”, Applied Mathematics and Computation 213(2), 455-465.

23. Mavrotas, G., Georgopoulou, E., Mirasgedis, S., Sarafidis, Y., Lalas, D., Hontou, V., Gakis, N. (2009) “Multi-objective Combinatorial Optimization for Selecting Best Available Techniques (BAT) in the industrial sector: the COMBAT tool”,  Journal of the Operational Research Society 60(7), 906-920.

24. Mavrotas, G., Diakoulaki, D., Florios, K. and Georgiou, P. (2008) “A mathematical programming framework for energy planning in services’ sector buildings under uncertainty in load demand: The case of a hospital in Athens”, Energy Policy 36, 2415-2429.

25. Papayannakis, L. Kastelli, I., Damigos, D. Mavrotas, G. (2008) “Fostering Enterpreneurship education in engineering curricula in Greece. Experience and challenges for a Technical University”, European Journal of Engineering Education 33(2) 199-210.

26. Mavrotas, G., Diakoulaki, D. and Kourentzis A. (2008) “Selection among ranked projects under segmentation, policy and logical constraints”, European Journal of Operational Research 187(1), 177-192.

27. Mirasgedis, S., Hontou, V., Georgopoulou, E., Sarafidis, Y., Gakis, N., Lalas, D.P., Loukatos, A., Gargoulas, N., Mentzis, A., Economidis, D., Triantafilopoulos, T., Korizi, K., Mavrotas, G. (2008) “Environmental damage cost from industrial activities in the greater Athens, Greece area and the resulting benefits from the introduction of BAT”, Environmental Impact Assessment Review 28(1) 39-56

28. Georgopoulou, E., Mirasgedis, S., Sarafidis, Y., Hontou, V., Gakis, N., Lalas, D.P., Loukatos, A., Gargoulas, N., Mentzis, A., Economidis, D., Triantafilopoulos, T., Korizi, K., Mavrotas, G. (2008) “A Decision-Aid Framework to Provide Guidance for the Enhanced Use of Best Available Techniques in Industry”, Environmental Management 40(3), 413-429.

29. Ballis, A., Mavrotas, G. (2007) “Freight Village design using the multicriteria method PROMETHEE”, Operational Research. An International Journal 7(2), 213-231.

30. Mavrotas, G., Georgopoulou, E., Mirasgedis, S., Sarafidis, Y., Lalas, D., Hontou, V.,  Gakis, N. (2007) “An integrated approach for the selection of Best Available Techniques (BAT) for the industries in the greater Athens area using Multiobjective Combinatorial Optimization”, Energy Economics 29(4), 953-973.

31. Mavrotas, G. Florios, K. Georgiou, P. (2006) “Energy planning in buildings under uncertainty in fuel costs: The case of a hospital in Greece”,  Computer Aided Chemical Engineering 21(2), 1735-1740.

32. Diakoulaki, D., Mavrotas, G.  Orkopoulos, D. and Papayannakis, L. (2006) “A bottom-up decomposition analysis of energy-related CO2 emissions in Greece” Energy 31(14), 2638-2651.

33. Mavrotas, G., Ziomas, Y. and Diakoulaki, D. (2006) “A combined MOIP - MCDA approach to building and screening atmospheric pollution control strategies in urban regions” Environmental Management, 38(1), 149-160.

34. Mavrotas, G. and Trifillis, P. (2006), “Multicriteria Decision Analysis with minimum information. Combining DEA with MAVT”, Computers and Operations Research, 33(8), 2083-2098.

35. Mavrotas G., Diakoulaki D. and Caloghirou Y. (2006), “Project prioritization Under Policy Restrictions. A Combination of MCDA with 0-1 Programming”, European Journal of Operational Research 171, 296-308.

36. Mavrotas, G. and Diakoulaki, D. (2005), “Solving Multiobjective MILP problems in Process Synthesis using the Multi-Criteria Branch & Bound Algorithm” Chemical Engineering and Technology 28(12), 1500-1510.

37. Mavrotas, G. and Diakoulaki D. (2005), “Multi-criteria branch & bound: A vector maximization algorithm for Mixed 0-1 Multiple Objective Linear Programming”, Applied Mathematics and Computation 171(1) 53-71.

38. Mavrotas G., Caloghirou Y., Koune J. (2005), “A model on cash flow forecasting and early warning for multi-project programmes: application to the Operational Programme for the Information Society in Greece”,  International Journal of Project Management 23, 121-133.

39. Mavrotas, G., Demertzis, H., Meintani, A., Diakoulaki, D. (2003), “Energy Planning in Buildings under uncertainty in fuel costs: The case of a hotel unit in Greece”, Energy Conversion & Management 44, 1303-1321.

40. Mavrotas, G., Diakoulaki, D., Capros, P. (2003), “Combined MCDA – IP approach for project selection in the electricity market” Annals of Operational Research 120, 159-170

41. Mavrotas, G., Rozakis, S. (2002), “A Mixed 0-1 MOLP approach for the planning of biofuel production” Options Méditerranéennes 48Α (Special issue: Comprehensive modeling of bio-energy systems, edited by: Rozakis, S., Sourie, J., C.), 40-55.

42. Mavrotas, G., Diakoulaki, D., Caloghirou, Y. (2001). “A Combinatorial Multicriteria Approach for Corporate Funding under Policy Restrictions”. Operational Research. An International Journal 1(3), 299-314.

43. Mavrotas, G., Pavlidou, S., Hontou, V., Diakoulaki, D. (2000), “Decomposition Analysis of Carbon Dioxide Emissions from the Greek Manufacturing Sector”, Global Nest. The International Journal 2(1), 119-127.

44. Liaskas, K., Mavrotas, G., Mandaraka, M., Diakoulaki, D. (2000), “Decomposition of industrial CO2 emissions: The case of the European Union”, Energy Economics 22, 383-394.

45. Mirasgedis, S., Mavrotas, G., Diakoulaki, D. (1999), “The Use of Fuzzy Sets in the Assessment of the Social Cost of Electricity Generation”, Fuzzy Economic Review 2, 3-20.

46. Mavrotas, G., Diakoulaki, D., Papayannakis, L. (1999), “An Energy Planning Approach based on Mixed 0-1 MOLP”, International Transactions in Operational Research 6, 231-244.

47. Diakoulaki, D., Zopounidis, C., Mavrotas, G., Doumpos, M. (1999), “The Use of a Preference Disaggregation Method in Energy Analysis and Policy Making”, Energy 24, 157-166.

48. Mavrotas, G., Diakoulaki, D. and Assimacopoulos, D. (1998), “Bounding MOLP Objective Functions: Effect on Efficient Set Size”, Journal of the Operational Research Society 49, 549-557.

49. Mavrotas, G., Diakoulaki, D. (1998), “A Branch and Bound Algorithm for Mixed Zero-One Multiple Objective Linear Programming”, European Journal of Operational Research 107, 530-541.

50. Mavrotas, G., Assimacopoulos, D., Papayannakis, L. (1997), “Quantification of the Energy Conservation using Energy Intensity: The case of the Greek Industrial Sector”, International Journal of Energy- Environment- Economics 5(1), 55-78.

51. Diakoulaki, D., Mavrotas, G., Papayannakis, L. (1995), “Determining Objective Weights in Multiple Criteria Problems”, Computers & Operations Research 22(7), 763-770.

52. Diakoulaki, D., Mavrotas G., Papayannakis, L. (1992), “A Multicriteria Approach for Evaluating the Performance of Industrial Firms”, Omega 20(4), 467-474.

 

Books

Xidonas, P., Mavrotas, G., Krintas, T., Psarras, J., Zopounidis, K. (2012) “Multicriteria Portfolio Management”, Springer, 2012

 

Edited volumes (with reviewers)

Mavrotas, G., Pechak, O. (2013) “Combining Mathematical Programming and Monte Carlo simulation to deal with uncertainty in energy project portfolio selection” Chapter 16 in F. Cavallaro (ed) Assessment and Simulation Tools for Sustainable Energy Systems Springer-Verlag, London

Kourempele, M., Mavrotas, G., Geronikolou, L., Rozakis, S. (2010) “A multiobjective linear programming model for energy planning in an autonomous power generation system, Milos Island” in C. Zopounidis, M. Doumpos, N. Matsatsinis, E. Grigoroudis (eds) Multiple Criteria Decision Aiding, pp 93-115. Nova Science Publishers, New York.

Mavrotas, G. and Diakoulaki, D. (2005) “A Mixed Integer Multiple Objective Linear Programming model for capacity expansion in an autonomous power generation system” in R. Loulou, J.P.Wauub, G. Zaccour (eds) Energy and Environment, pp 191-210. Springer

Diakoulaki, D. and Mavrotas, G. (2004) “A Multi-Criteria Approach for the Classification of EU Countries with Respect to their Progress Towards Sustainable Development”, in C. Spitzer, U. Schmocker and V.N. Dang (eds) Probabilistic Safety Assessment and Management, vol 5, pp 2537-2543.

Diakoulaki, D., Hontou, V and Mavrotas, G. (2004) “A Multicriteria Descriptive Approach for Classifying Countries with Respect to Environmental Indicators” in: C.H.Antunes, J. Figueira and J. Climaco (eds) Multiple Criteria Decision Aiding  pp. 231-246

Mavrotas, G., Diakoulaki, D., (2000), “A Fuzzy Extension of a Mixed Integer MOLP Model for Solving the Power Generation Expansion Problem” In: Zanakis, S., Doukidis, G., Zopounidis, K. (eds.), Decision Making: Recent Developments and Worldwide Applications, pp 263-277, Kluwer Academic Publishers.

Mavrotas, G., Diakoulaki, D., Assimacopoulos, D. (1994), “Energy Planning and Trade-offs between Environmental and Economic Criteria”, In: Paruccini, M. (ed), Applying Multicriteria Decision Aid for Environmental Management, pp 187-198, Kluwer Academic Publishers.

 

Conference proceedings (with reviewers)

Skoulaxinou, R., Mavrotas, G., Karkazi, A. Gargoulas, N., Mavropoulos, A., Georgopoulou, E., Gakis, N., Dermatas, D., Katsouros, V. (2012) “Waste Management Multi-Objective Optimization for Greenhouse Gases Emissions Control”, International Solid Waste Association (ISWA) world congress, Florence, Italy, 17-19 September, 2012

Pechak, O., Mavrotas, G. and Diakoulaki, D. (2010), “Investigating the role of the Clean Development Mechanism within the global green energy market: the case of wind energy”, Proceedings of the 7th EEM10 Conference, Madrid, Spain, 23-25.06.2010, DOI: 10.1109/ EEM.2010.5558674, http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=5558674&tag=1

Xidonas, P., Mavrotas, G., Askounis, D., Psarras, J. (2008) “Equity portfolio selection using multiobjective optimization” In: Kioulafas, K., Prachalias, C. (Eds.), Proceedings of the 5^th International Conference on Applied Financial Economics, Samos, Greece, July 3-5, 2008, pp. 142-156.

Mavrotas, G. Xidonas, P., Psarras, J. (2008) “An integrated multiple criteria methodology for supporting common stock portfolio selection decisions”, Proceedings of the 67^th meeting of the European Working Group “Multiple Criteria Decision Aiding”, Reports of the Department of Mathematical Information Technology, Series A. 1/2008, pp 56-71.

Mavrotas, G., Figueira, J.R. Florios, K. (2008) “Solving the bi-objective multidimensional knapsack problem exploiting the concept of core” Proceedings of the 67^th meeting of the European Working Group “Multiple Criteria Decision Aiding”, Reports of the Department of Mathematical Information Technology, Series A, 1/2008, pp 104-122.

Papagiannakis, L., Mavrotas, G. and Damigos, D. (2006) “Fostering Entrepreneurship in polytechnic universities: The Greek experience”, University Entrepreneurship – Incubating Processes Conference, Lahti, Finland, pp 187-193.

Mavrotas, G., Florios, K., Georgiou, P. and Diakoulaki, D. (2006) “A MOMILP model for hospitals energy rehabilitation handling uncertainty in load profiles”, Mini EURO Conference Operational Research Models and Methods in the Energy Sector (ORMMES 06), Coimbra, Portugal, (CD-ROM)

Mavrotas, G., Georgopoulou, E., Mirasgendis, S., Sarafidis, Y., Lalas, D. and Hontou, V. (2006) “Evaluation and Selection of Best Available Techniques (BAT) for the industries in greater Athens area using Multiobjective Combinatorial Optimization”, Mini EURO Conference Operational Research Models and Methods in the Energy Sector (ORMMES 06), Coimbra, Portugal, (CD-ROM).

Mavrotas, G., Ziomas, J., Diakoulaki, D. (2005). Formulation of an action plan to comply with the limits of the air quality directives: An Integrated Multi-Criteria Approach. Proceedings of the 9^th Int. Conference on the Environmental Science and Technology (CEST2005), Rhodes, pp. 966-971

Mavrotas, G. and Diakoulaki, D. (2004) “A Combined MCDA-MOIP approach to assist in project selection under policy constraints and uncertainty in the criteria weights”, 15^th Mini-EURO Conference, Managing Uncertainty in Decision Support Models, Coimbra, Portugal, (CD-ROM)

Diakoulaki, D., Mavrotas, G. (2003). Classification of EU countries with respect to multiple environmental indicators. Proceedings of the 8^th Int. Conference on the Environmental Science and Technology (CEST2003), Lemnos, pp 136-145.

Diakoulaki, D. Glycogianni, A. and Mavrotas, G. (2002) “Classification of EU countries in an environmental performance matrix: application to the whole economy and the agricultural sector” Proceedings of the International Conference ARIADNE (Agricultural and Rural Information Applied to Defense of Nature and Environment) pp. 329-340.

Mavrotas, G., Diakoulaki, D. (1999) “Mixed Integer Multiple Objective Linear Programming. Application in the Power Generation Expansion Planning”, 5^th International Conference of the Decision Sciences Institute, Athens,  pp. 1412-1414.

Diakoulaki, D., Caloghirou, Y., Mavrotas, G. (1993), “An Objective Multicriteria Evaluation of Industrial Firms”, 2^nd Balkan Conference on Operational Research, Thessaloniki, pp. 50-63.