An Improved Genetic Algorithm for Emergency Decision Making under Resource Constraints Based on Prospect Theory

The study of emergency decision making (EDM) is helpful to reduce the difficulty of decision making and improve the efficiency of decision makers (DMs). The purpose of this paper is to propose an innovative genetic algorithm for emergency decision making under resource constraints. Firstly, this paper analyzes the emergency situation under resource constraints, and then, according to the prospect theory (PT), we further propose an improved value measurement function and an emergency loss levels weighting algorithm. Secondly, we assign weights for all emergency locations using the best–worst method (BWM). Then, an improved genetic algorithm (GA) based on prospect theory (PT) is established to solve the problem of emergency resource allocation between multiple emergency locations under resource constraints. Finally, the analyses of example show that the algorithm can shorten the decision-making time and provide a better decision scheme, which has certain practical significance.