Further Developments and Tests of a Progressive Algorithm for Multiple Criteria Decision Making

Further Developments and Tests of a Progressive Algorithm for Multiple Criteria Decision Making

P. Korhonen, H. Moskowitz, and J. Wallenius (1986) developed a progressive algorithm and the supporting theory for modeling and solving multiple criteria decision problems with discrete alternatives. A special feature of the algorithm is that it relaxes the usual assumption of a fixed set of availab...

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Veröffentlicht in:Operations Research. - Institute for Operations Research and the Management Sciences, 1956. - 41(1993), 6, Seite 1033-1045
1. Verfasser: Korhonen, Pekka (VerfasserIn)
Weitere Verfasser: Moskowitz, Herbert, Salminen, Pekka, Wallenius, Jyrki
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1993
Zugriff auf das übergeordnete Werk:Operations Research
Schlagworte:Decision analysis: sequential Programming: multiple criteria Utility/preference: applications, multiattribute theory Decision Analysis, Bargaining and Negotiation Applied sciences Mathematics Behavioral sciences Economics Information science Social sciences
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520 |a P. Korhonen, H. Moskowitz, and J. Wallenius (1986) developed a progressive algorithm and the supporting theory for modeling and solving multiple criteria decision problems with discrete alternatives. A special feature of the algorithm is that it relaxes the usual assumption of a fixed set of available decision alternatives and complete knowledge of a decision maker's (DM's) preference structure or value function. The algorithm is based on progressively sampling the decision space, obtaining preference information from the DM, determining the likelihood of finding possibly/surely better alternatives, and based on this information, continuing the search or terminating it by making the final choice. We describe a computerized implementation and extensive computational tests of the algorithm, as well as some of our experiences in applying and field testing it in practice. We also consider several improvements and developments of the algorithm to further facilitate its use in practice. 
540 |a Copyright 1993 The Operations Research Society of America 
650 4 |a Decision analysis: sequential 
650 4 |a Programming: multiple criteria 
650 4 |a Utility/preference: applications, multiattribute theory 
650 4 |a Decision Analysis, Bargaining and Negotiation 
650 4 |a Applied sciences  |x Computer science  |x Algorithms 
650 4 |a Mathematics  |x Applied mathematics  |x Statistics  |x Applied statistics  |x Descriptive statistics  |x Measures of variability  |x Sample size 
650 4 |a Behavioral sciences  |x Behavioral economics  |x Prospect theory 
650 4 |a Economics  |x Economic disciplines  |x Information economics 
650 4 |a Mathematics  |x Mathematical expressions  |x Mathematical functions 
650 4 |a Applied sciences  |x Computer science  |x Computer engineering  |x Computer software  |x Software applications  |x Decision support systems 
650 4 |a Mathematics  |x Pure mathematics  |x Probability theory  |x Random variables 
650 4 |a Information science  |x Information search and retrieval  |x Information search  |x Information search behavior  |x Range searching 
650 4 |a Social sciences  |x Population studies  |x Demography  |x Population distributions 
650 4 |a Mathematics  |x Applied mathematics  |x Statistics  |x Applied statistics  |x Descriptive statistics  |x Statistical distributions  |x Distribution functions  |x Probability distributions 
655 4 |a research-article 
700 1 |a Moskowitz, Herbert  |e verfasserin  |4 aut 
700 1 |a Salminen, Pekka  |e verfasserin  |4 aut 
700 1 |a Wallenius, Jyrki  |e verfasserin  |4 aut 
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773 1 8 |g volume:41  |g year:1993  |g number:6  |g pages:1033-1045 
856 4 0 |u https://www.jstor.org/stable/171598  |3 Volltext 
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952 |d 41  |j 1993  |e 6  |h 1033-1045