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Multi-Criteria Decision Analysis via Ratio and Difference Judgement (Hardcover, 1999 ed.)
Loot Price: R2,961
Discovery Miles 29 610
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Multi-Criteria Decision Analysis via Ratio and Difference Judgement (Hardcover, 1999 ed.)
Series: Applied Optimization, 29
Expected to ship within 10 - 15 working days
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The point of departure in the present book is that the
decision-makers involved in the evaluation of alternatives under
conflicting criteria express their preferential judgement by
estimating ratios of subjective values or differences of the
corresponding logarithms, the so-called grades. Three MCDA methods
are studied in detail; the Simple Multi-Attribute Rating Technique
SMART, and the Additive and the Multiplicative AHP, both
pairwise-comparison methods which do not suffer from the well-known
shortcomings of the original Analytic Hierarchy Process.
Context-related preference modeling on the basis of psychophysical
research in visual perception and motor skills is extensively
discussed in the introductory chapters. Thereafter many extensions
of the ideas are presented via case studies in university
administration, health care, environmental assessment, budget
allocation, and energy planning at the national and the European
level. The issues under consideration are: group decision-making
with inhomogeneous power distributions, the search for a compromise
solution, resource allocation and fair distribution, scenario
analysis in long-term planning, conflict analysis via the pairwise
comparison of concessions and multi-objective optimization. The
final chapters are devoted to the fortunes of MCDA in the hands of
its designers. Audience: The book presents methods for decision
support and their applications in the fields of university
administration, health care, environmental assessment, budget
allocation, and strategic energy planning and will be of value to
practitioners, students and researchers in these and related
fields.
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