Proxy Approach to Multi-attribute Decision Making

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Department of Engineering-Economic Systems, Stanford University., 1977 - Decision making - 226 pages
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In many decision problems, the possible outcomes have several important dimensions of value. To identify the optimal alternative, the decision analyst must assess the decision maker's preferences over these multi-attribute outcomes. Two rival procedures for solving multi-attribute preference problems currently exist. These two procedures, global preference modeling and local preference modeling, each have advantages and disadvantages. This dissertation combines these two rival procedures in a new approach to multi-attribute decision making. This new combined method, called the proxy approach, uses the advantages of one technique to overcome the disadvantages of the other.

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Contents

RELATED LITERATURE
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THE PROXY ITERATION ALGORITHM
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THE NEW ALGORITHM VERSUS THE
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