Decisions with Multiple Objectives: Preferences and Value Trade-Offs
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 trade-offs 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 maximise. By generalising from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis.
1111670442
Decisions with Multiple Objectives: Preferences and Value Trade-Offs
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 trade-offs 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 maximise. By generalising from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis.
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Decisions with Multiple Objectives: Preferences and Value Trade-Offs

Decisions with Multiple Objectives: Preferences and Value Trade-Offs

Decisions with Multiple Objectives: Preferences and Value Trade-Offs

Decisions with Multiple Objectives: Preferences and Value Trade-Offs

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Overview

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 trade-offs 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 maximise. By generalising from the single objective case to the multiple objective case, this book considerably widens the range of applicability of decision analysis.

Product Details

ISBN-13: 9780521438834
Publisher: Cambridge University Press
Publication date: 07/01/1993
Edition description: New Edition
Pages: 592
Product dimensions: 5.94(w) x 9.13(h) x 1.42(d)

Table of Contents

Chapter 1: The Problem
Chapter 2: The Structuring of Objectives
Chapter 3: Tradeoffs Under Certainty
Chapter 4: Unidimensional Utility Theory
Chapter 5: Multiattribute Preferences Under Uncertainty: The Attribute Case
Chapter 6: Multiattribute Preferences Under Uncertainty: More Than Two Attributes
Chapter 7: Illustrative Applications
Chapter 8: Airport Development for Mexico City: A Case Study
Chapter 9: Preferences Over Time
Chapter 10: Aggregation of Individual Preferences
Index
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