Ebook: Multiple Criteria Decision Making and Risk Analysis Using Microcomputers

Roughly nine years ago, the two editors met for the first time in Amsterdam, the Netherlands at the EURO III meeting (organized by the Association of European Operational Research Societies) there. As a result of our initial meeting, the two of us planned and carried out a number of activities in the multiple criteria decision making area, much of it supported by the North Atlantic Treaty Organization (NATO). The latest of these activities was a NATO Advanced Study Institute (ASI) on multiple criteria. decision making and risk analysis using microcomputers. The institute was held in Tarabya, Istanbul, TURKEY, on June 28 - July 8, 1987. We received over 100 applications from professors (and a few graduate students) in 13 countries. Roughly half of them were able to participate. The ASI was a great success! Substantial knowledge transfer and learning took place. In addition to the planned presentations, we had several panels and round table discussions. Though we had planned these in advance, we implemented them to fit the occasion, and also organized a few special sessions on site to respond to participants' interests.

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This volume is based on lectures held at the NATO Advanced Study Institute on Multiple Criteria Decision Making and Risk Analysis Using Microcomputers that took place in Istanbul, Turkey from June 28 to July 8, 1987. The book considers aspects of multiple criteria decision making and risk analysis, with numerous methods and applications using microcomputers. The methodology included is fairly representative of the field. It covers the Analytical Hierarchy Process of Saaty, the approaches of Zionts and Wallenius and their colleagues, and the work of Dyer, Steuer, and Yu. Important behavioral considerations in decision making, psychological aspects of judgement and choice, and preference elicitation are discussed, followed by a number of applications of methods in various fields including hospital diagnostics systems and production planning. Special emphasis is placed on the growing importance of computer graphics in multiple criteria models. The approach of Korhonen and Wallenius in "A Pareto Race" is presented as a decision support system. The "Trimap" approach by Climaco, an approach that has some potential for end users, is of particular interest to MCDM researchers.

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This volume is based on lectures held at the NATO Advanced Study Institute on Multiple Criteria Decision Making and Risk Analysis Using Microcomputers that took place in Istanbul, Turkey from June 28 to July 8, 1987. The book considers aspects of multiple criteria decision making and risk analysis, with numerous methods and applications using microcomputers. The methodology included is fairly representative of the field. It covers the Analytical Hierarchy Process of Saaty, the approaches of Zionts and Wallenius and their colleagues, and the work of Dyer, Steuer, and Yu. Important behavioral considerations in decision making, psychological aspects of judgement and choice, and preference elicitation are discussed, followed by a number of applications of methods in various fields including hospital diagnostics systems and production planning. Special emphasis is placed on the growing importance of computer graphics in multiple criteria models. The approach of Korhonen and Wallenius in "A Pareto Race" is presented as a decision support system. The "Trimap" approach by Climaco, an approach that has some potential for end users, is of particular interest to MCDM researchers.
Content:
Front Matter....Pages I-VI
Introduction....Pages 1-5
Multiple Criteria Mathematical Programming: An Updated Overview and Several Approaches....Pages 7-60
The Effects of Risk on Decision Making....Pages 61-80
Rational Choice and the Framing of Decisions....Pages 81-126
Habitual Domain Analysis for Effective Decision Making....Pages 127-163
Goal Setting and Compromise Solutions....Pages 165-204
The TRIMAP PACKAGE as a Powerful Teaching Tool....Pages 205-233
The Tchebycheff Procedure of Interactive Multiple Objective Programming....Pages 235-249
V I G — A Visual and Dynamic Decision Support System for Multiple Objective Linear Programming....Pages 251-281
A Variation of The Methods of Zionts and Wallenius....Pages 283-291
Prioritization Techniques Based on Stochastic Paired Comparisons....Pages 293-303
On Capacity Planning of Diagnosis Systems in Hospitals....Pages 305-340
Multiple Criteria Decision Support Systems in Production Planning: A Micro Experience....Pages 341-355
Conflicting Objectives in Software System Design....Pages 357-361
Back Matter....Pages 362-402

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This volume is based on lectures held at the NATO Advanced Study Institute on Multiple Criteria Decision Making and Risk Analysis Using Microcomputers that took place in Istanbul, Turkey from June 28 to July 8, 1987. The book considers aspects of multiple criteria decision making and risk analysis, with numerous methods and applications using microcomputers. The methodology included is fairly representative of the field. It covers the Analytical Hierarchy Process of Saaty, the approaches of Zionts and Wallenius and their colleagues, and the work of Dyer, Steuer, and Yu. Important behavioral considerations in decision making, psychological aspects of judgement and choice, and preference elicitation are discussed, followed by a number of applications of methods in various fields including hospital diagnostics systems and production planning. Special emphasis is placed on the growing importance of computer graphics in multiple criteria models. The approach of Korhonen and Wallenius in "A Pareto Race" is presented as a decision support system. The "Trimap" approach by Climaco, an approach that has some potential for end users, is of particular interest to MCDM researchers.
Content:
Front Matter....Pages I-VI
Introduction....Pages 1-5
Multiple Criteria Mathematical Programming: An Updated Overview and Several Approaches....Pages 7-60
The Effects of Risk on Decision Making....Pages 61-80
Rational Choice and the Framing of Decisions....Pages 81-126
Habitual Domain Analysis for Effective Decision Making....Pages 127-163
Goal Setting and Compromise Solutions....Pages 165-204
The TRIMAP PACKAGE as a Powerful Teaching Tool....Pages 205-233
The Tchebycheff Procedure of Interactive Multiple Objective Programming....Pages 235-249
V I G — A Visual and Dynamic Decision Support System for Multiple Objective Linear Programming....Pages 251-281
A Variation of The Methods of Zionts and Wallenius....Pages 283-291
Prioritization Techniques Based on Stochastic Paired Comparisons....Pages 293-303
On Capacity Planning of Diagnosis Systems in Hospitals....Pages 305-340
Multiple Criteria Decision Support Systems in Production Planning: A Micro Experience....Pages 341-355
Conflicting Objectives in Software System Design....Pages 357-361
Back Matter....Pages 362-402
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