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Decisions with Multiple Objectives: Preferences and Value Trade-Offs


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#1549929 in eBooks 1993-07-01 1993-07-01File Name: B01LYX7M0W11 of 11 people found the following review helpful. Excellent utility and decision theory foundationBy Daniel WaisbergThis book is a very good foundation of MCDA (Multi Criteria Decision Analysis) with all the mathematical proofs behind the theory. The authors give real life examples on the application of their model and explain the intuition of their methodology.Although the math is a bit advanced, the authors explain step-by-step all the terminology, what makes the theory easily understandable'This book is a welcome and unquestionably significant contribution to the practice of decision analysis as well as to the research and teaching of its theory and application.' IEEE Transactions on Systems, Man and Cybernetics 'A highly recommended selection by two distinguished leaders in the fielMany of the complex problems faced by decision makers involve multiple conflicting objectives. This book describes how a confused decision maker, who wishes to make a reasonable and responsible choice among alternatives, can systematically probe his true feelings in order to make those critically important, vexing trade-offs between incommensurable objectives. The theory is illustrated by many real concrete examples taken from a host of disciplinary settings. The standard approach in decision th...

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