Decisions with multiple objectives
Subtitle: preferences and value tradeoffs
By: Ralph L. Keeney and Howard Raiffa.
Contributors: Raiffa, Howard, 1924-
Publisher: Cambridge University Press
Published: 1993
Place of publication: Cambridge [England]; New York, NY, USA
Language: eng
Number of pages: 569
Subjects: Multiple criteria decision making.
Description: Many 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 tradeoffs between incommensurable objectives. The theory is illustrated by many real concrete examples taken from a host of disciplinary settings. The standard approach in decision theory or decision analysis specifies a simplified single objective like monetary return to maximize. By generalizing from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis.
Notes: Includes bibliographical references (p. 549-560) amd index.
Originally published: New York : Wiley, 1976.