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Persistent link: https://www.econbiz.de/10011529917
measure of human well-being. The purposeof this study is to propose a Multiple Criteria Decision Making (MCDM) technique named … method ofcalculating the HDI has received, this study usesModified Similarity Multi Criteria Decision Making methodfor …
Persistent link: https://www.econbiz.de/10011904447
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This paper analyzes a boundedly rational decision maker who is uncertain about his preference and faces the following …-off there is an optimal number of goods that the decision maker wants to analyze before making his final choice. The choice of … with good consumer service can be a signal for high quality of the store. -- Decision making ; Bounded rationality ; Choice …
Persistent link: https://www.econbiz.de/10003962118
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009766248
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009753717
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …
Persistent link: https://www.econbiz.de/10010364762
Persistent link: https://www.econbiz.de/10011507990
Background: Individual decision-making largely influences the effectiveness of decisions and benefits of investments …. Methods: In this article, a consensus model for group decision-making (GDM), based on the analytic hierarchy process (AHP), is …
Persistent link: https://www.econbiz.de/10011542383
Multiple attribute decision making (MADM) methods are very much essential in all fields of engineering, management and … other areas where limited alternatives exist and the decision maker has to select the best alternative. Different methods … compromising methods. Present work introduces a simple-to-understand and easy-to-convince method for multiple attribute decision …
Persistent link: https://www.econbiz.de/10011565243