Showing 171 - 179 of 179
The field of multiple criteria decision analysis (MCDA) - also sometimes termed multiple criteria decision aid, or multiple criteria decision making (MCDM) - has developed rapidly over the past quarter century and in the process a number of divergent schools of thought have emerged. Multiple...
Persistent link: https://www.econbiz.de/10013521848
Persistent link: https://www.econbiz.de/10010055051
In this paper, we extend the standard data envelopment analysis (DEA) model to include longer term top management goals. This extension is in recognition of the fact that benchmarking for decision making units (DMUs) is more than a purely monitoring process, and includes a component of future...
Persistent link: https://www.econbiz.de/10008488503
his paper provides a review of multiple criteria decision analysis (MCDA) for cases where attribute evaluations are uncertain. The main aim is to identify different tools which can be used to represent uncertain evaluations, and to broadly survey the available decision models that can be used to...
Persistent link: https://www.econbiz.de/10010597609
Uncertainty is present in many decisions where an action's consequences are unknown because they depend on future events. Multi-attribute utility theory (MAUT) offers an axiomatic basis for choice, but practitioners may prefer to use simpler decision models for transparency, ease of use, or...
Persistent link: https://www.econbiz.de/10010577436
This paper presents the results of an experiment investigating the effects of using different formats for representing uncertain attribute evaluations on decision making. Study participants make a series of hypothetical choices using six uncertainty formats - probability distributions, expected...
Persistent link: https://www.econbiz.de/10009146095
Scenario planning and multiple criteria decision analysis (MCDA) are two key management science tools used in strategic planning. In this paper, we explore the integration of these two approaches in a coherent manner, recognizing that each adds value to the implementation of the other. Various...
Persistent link: https://www.econbiz.de/10011051822
Persistent link: https://www.econbiz.de/10005271600
Data envelopment analysis (DEA) and multiple objective linear programming (MOLP) are tools that can be used in management control and planning. Whilst these two types of model are similar in structure, DEA is directed to assessing past performances as part of management control function and MOLP...
Persistent link: https://www.econbiz.de/10005283379