Multicriteria Methodology for Decision Aiding: 12 (Nonconvex Optimization and Its Applications, 12) - Softcover

Roy, B.

Softcover

ISBN 10: 1441947612 ISBN 13: 9781441947611

Publisher: Springer, 2010

Synopsis

axiomatic results should be at the heart of such a science. Through them, we should be able to enlighten and scientifically assist decision-making processes especially by: - making that wh ich is objective stand out more c1early from that which is less objective; - separating robust from fragile conc1usions; - dissipating certain forms of misunderstanding in communication; - avoiding the pitfall of illusory reasoning; - emphasizing, once they are understood, incontrovertible results. The difficulties I encountered at the begining of my career as an operations researcher, and later as a consultant, made me realize that there were some limitations on objectivity in decision-aiding. In my opinion, five major aspects must be taken into consideration: 1) The borderline (or frontier) between what is and what is not feasible is often fuzzy. Moreover, this borderline is frequently modified in light of what is found from the study itself. 2) In many real-world problems, the "decision maker D" does not really exist as a person truly able to make adecision. Usually, several people (actors or stakeholders) take part in the decision process, and it is important not to confuse the one who ratifies adecision with the so-called decision maker in the decision ai ding process. This decision maker is in fact the person or the set of persons for whom or in the name of whom decision aiding effort is provided.

About this title

Review

`So who should read this book? Just about everybody concerned with supporting decisions. ... all will gain valuable new perspectiveness. On decision making and decision support. This book is too important ... I recommend it wholeheartedly as a thought provoking read.'
Journal of the Operational Research Society, 48 (1998)
`There is no dbout that this book is one of the most important publications in MCDA to have appeared in the history of the subject. It should be essential reading for anyone working in the field of multicriteria decision support.'
Journal of Behavioral Decision Making, 11:2 (1998)

From the Back Cover

This is the first comprehensive book to present, in English, the multicriteria methodology for decision aiding. In the foreword the distinctive features and main ideas of the European School of MCDA are outlined. The twelve chapters are essentially expository in nature, but scholarly in treatment. Some questions, which are too often neglected in the literature on decision theory, such as how is a decision made, who are the actors, what is a decision aiding model, how to define the set of alternatives, are discussed. Examples are used throughout the book to illustrate the various concepts. Ways to model the consequences of each alternative and building criteria taking into account the inevitable imprecisions, uncertainties and indeterminations are described and illustrated. The three classical operational approaches of MCDA: synthesis in one criterion (including MAUT), synthesis by outranking relations, interactive local judgements, are studied. This methodology tries to be a theoretical or intellectual framework directed towards formulating recommendations for action. The book is addressed to graduate students, postgraduates and researchers in management sciences, or operations research or decision analysis, as well as all scientists who use models and methods for guiding decisions. In addition all those who, in business and administration, wish to take part in decision-making through scientific reasoning will be interested.

Edition details

• Publisher: Springer
• Publication date: 2010
• Language: English
• ISBN 10: 1441947612
• ISBN 13: 9781441947611
• Binding: Paperback
• Number of pages: 315